I was asleep when the Euro made this bottom. Had I been awake I would
 have grabbed this gift, because it couldn't be clearer. Does this 
picture fail? Sure, sometimes. But not a lot. So going with the 
probabilities of a high win rate picture makes money over the long term.
BYW,
 there was another entry to this trade, albeit at a worst price, when 
the price closed over the 33EMA confirming the change of trend of this 
chart.
 
 
 
Hi EL. Would you be able to do a post or two focussing on examples of entries that might initially look acceptable on a chart, but which other elements of your approach would cause you to disregard?
ReplyDeleteThanks.