The 2 main trades of the day: First, on support TL break. But the break was not clear, small reverse and that gave -10p.Second entry was on trendline break (green line). A quite drop followed, i stayed in, +28p.
Monday, November 19, 2007
TL break and rejection
The 2 main trades of the day: First, on support TL break. But the break was not clear, small reverse and that gave -10p.Second entry was on trendline break (green line). A quite drop followed, i stayed in, +28p.
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These are always good opportunity to enter into trades when this happens, but we need to make sure we don’t do anything unnecessary and keep it just simple. I always do that especially with having OctaFX broker at my corner with their swap free account option, it helps me work easier since I am not required to pay any commission or extra charges on overnight trades which is why I am so happy trading with them since that allows me to take any opportunity easily.
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