Recap: Finally, Friday is here! I took 40 pips off the sustained break of 1.3700 rising trend support yesterday. The ’sustained’ break was exactly the opposite of the ‘false’ break we had on Wednesday: with false break the pair did not close above resistance on 30 and 60m timeframes. Yesterday, however, it did close below [...]
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Recap: Welcome back for another day PipHutters! I made some good pips yesterday off the false breakout above 1.3800. For those of you who are curious what I was looking for in the “false breakout”: 1) first off 1.38 was strong resistance so I was looking in the first place (if the s/r is not [...] |
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Risk Warning |
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