forker
Short

USDCHF ST - Potential Turn @ Centerline

FX:USDCHF   U.S. Dollar / Swiss Franc
This shoot up is usally not sustainable for a continuation.
Price haltet right at the centerline, and where the zone of the last breakdown is looming.

A jump above the centerline would indicate a continuation in the direction.

I prefere to with the trend, even the flow right now is up i think the stream will correct it.

P!

http://mytradingcoach.teachable.com/
Comment: Aaaand...toast :)

Price is up above the centerline, now looking for a pullback to it and stalking a long entry.
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I went long on that dip. The dip itself was a nice short, if you flipped long at the low.
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forker IvanLabrie
Whoop, nice one Ivan.
What was the reason for this action you took?
Allways willing to learn more Dude :)
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IvanLabrie IvanLabrie
I'm not a diagonal plane guy.

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IvanLabrie IvanLabrie
Bar by bar analysis, different style.
The rejection at ML was interesting though.
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forker IvanLabrie
WOW - This TAM is great!

...a better timing would be great for my framework.
Thanks Ivan for sharing.
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I think if you had used the daily, you would have avoided the loss.
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forker IvanLabrie
Dont think so Ivan - This was really just a camble where i thought, price is not going above the centerline again.
But it is OK, every stop means is learning from it, and here i was probably just too lazy with my analysis ;-)

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We simply need an excuse to take action...as long there's an edge present, who cares?
Cheers mate, have a nice weekend!
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