And now, the finish of the EUR/USD trade.
Here is the next 5 minute chart. Notes below the chart >>>
By
tymen1 at 2008-03-27
The level
resultant shown in both this chart and the previous 5 min chart tells us that the
best entry is at the
middle KC band (yellow).
The previous chart showed the begin of the 4th candle at 29.
We must
wait.
By
waiting we see the 4th candle grow from 29 to 34 and hence go a hairs breath above the
yellow middle KC band.
Time to enter
short -
now
Lets see what happens in the next chart.