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UnknownUnicorn25728
May 29, 2013 12:17 PM

EURUSD- SHORT - 1.2960 Short

Euro Fx/U.S. DollarFXCM

Description

SHORT 1.2960 - 1.2910 OR 1.2900
Comments
UnknownUnicorn25728
many thnx
nmike
Nice to see one of my favorite chart set-up.You should make the TRIX window a little bigger so we can have a better view of TRIX action. When TRIX,s are far apart, like you have here, it usually means that price is over extended. Confirmation of a reversal is when Trix 5 crosses Trix 7.You have not marked it, but we also have a FISHER negative divergence at resistance. Best set-up is when you have both FISHER & TRIX divergence at the same time.
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