LOOK FOR SELL OPPORTUNITIES DOWN TO LOWER PITCHFORK LINES THEN A STRONG REVERSAL UP.
SELLING THE NZD INTO A FURTHER PULLBACK. 15 GOT STOPPED OUT. 16 USED A 10 PIP SL SO THAT I DID NOT HAVE TO WATCH THE CHARTS BECAUSE IT WAS LIKELY TO GO UP. SOLD ADDITIONAL AFTER PULLBACK TO PITCHFORK RESISTANCE.
5 PIP SL CONFORMATIONS: 1) SELL BAR ON 5 MIN FAST 33 2) RETRACEMENT ON 1HR CHART 3) RESITSTANCE AT 62 MIN 10 FORWARD EMA 4) BREAK OF 15 MIN TREND LINE