Below is the same chart...this time breached. When I saw it trade through the line (it was very innocent and gradual), I didn't go long, because I am short a lot of it.
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Are These Stocks Naughty or Nice?
5 years ago
Friday, April 3, 2009
Respecting Trendlines
Remember the trendline we identified in the EUR/USD chart two posts ago, I shorted the pair for a scalp trade, because of the Doji star that appeared right under it.
Below is the same chart...this time breached. When I saw it trade through the line (it was very innocent and gradual), I didn't go long, because I am short a lot of it.
Below is the same chart...this time breached. When I saw it trade through the line (it was very innocent and gradual), I didn't go long, because I am short a lot of it.
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