Dear DiaryTrading readers -
Yesterday, I join in forex competition with virtual balance is $10.000.
With so much balane, I can use a big lot size.
I remember about signals that I wrote in my last post about GBP/USD. Check here.
With the same analysis, I start to open my MT4 and for today, I have an analysis based from my last post.
See this picture
Okay I'll explain what the meaning from that picture.
I can see the candlestick have break the S1 support line, it means candlestick will goes to S2 point.
Based on the last post, the bollinger bands shows still open wide and the candlestick haven't break yet and the alligator blue line is in upper side.. so its possible to continue down trend.
Is it okay? hmm not really, the point is, can it break the S2 support line?
If it's break, well okay the candle will continue and enter the psychological zone.
I wish candlestick will break the S2 line.
See you next post
Yesterday, I join in forex competition with virtual balance is $10.000.
With so much balane, I can use a big lot size.
I remember about signals that I wrote in my last post about GBP/USD. Check here.
With the same analysis, I start to open my MT4 and for today, I have an analysis based from my last post.
See this picture
Okay I'll explain what the meaning from that picture.
I can see the candlestick have break the S1 support line, it means candlestick will goes to S2 point.
Based on the last post, the bollinger bands shows still open wide and the candlestick haven't break yet and the alligator blue line is in upper side.. so its possible to continue down trend.
Is it okay? hmm not really, the point is, can it break the S2 support line?
If it's break, well okay the candle will continue and enter the psychological zone.
I wish candlestick will break the S2 line.
See you next post
No comments:
Post a Comment