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Thursday, 5 May 2011

~EU M5 played well

Just a quick update on an M5 EU trade which I thought was not good. Of course the ones that I "think" are good or bad are the ones that do the opposite. Being right in trading is a rarity. Anyway here is the picture.

A Twin Peak sell signal was created indicating some sort of short momentum. at 11.20 Alpari UK on m1 starting 1.4880 was an m1, First bar of AO setup. I chose not to take it due it price being insides AIMS on M5. But I thought I must give it a shot using m5 rules. It worked well.



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When is it too late or too early to buy a pullback? 

In order to answer this question first ….  Let’s quickly do some repetition. Let’s quickly do some repetition.  Let’s throw in some trading ...