Wait 10 minutes before taking this trade please...

FX:EURUSD   Euro / U.S. Dollar
972 15 42
WARNING .. If we pass the critical level before the close of the hour, do not take this trade..

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Trade closed manually: Exiting second position at BE
can we enter buy now? it seems to be reversed at the critical point and will continue to move up
or has broken through the critical level and is heading down...
Please is this a buy order?
jimjay EmalbansFx
Yep, a buy unless it drops below the solid red line (critical level).
+1 Reply
I guess because I've been waiting for it to break down beneath 1.1125 for ages, and can't babysit it for much longer. I also am new to this and don't have your expertise, so when you call a trade opposing my position, makes me wonder. Lastly, I don't honestly know what your typical hold time horizons are, and I tend to look to enter and exit trades within hours, a day or so at the longest. Day trader mindset is hard to shake.
Ichimoku_Trader IchabodCrane

so you have the position and you have logic for it. Whenever that is the case, never switch your position even if warren buffet says otherwise (well, for warren maybe you should switch ..lol)

Good luck
+2 Reply
What's your upside target on that long? I'm short still, so would need to reverse, but it isn't doing anything on my chart.
Ichimoku_Trader IchabodCrane
you must have a good reason to be short so why switch?
+1 Reply
Any TP to place or leave it? its late night. cant monitor long :(
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