And now another chart related to 8pipike's first chart.
His chart was a 30 minute of EUR/USD. The one below is a the
same one, only it is 20 minutes.
Notes below the chart >>>
By
tymen1 at 2008-04-07
This chart shows the trade that
should have been picked (on a 20 min chart).
An evening star is shown and the short entry at 30 pips is accomplished on the next green candle. As you can see, it makes for a nice short trade.
But how did we get that 30 pip entry that puts us in the
middle of that green candle??
See the 5 minute chart in the next post. 