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Here is one of my reasons for entry after my downside target of 1.2990 area was hit I am now long with a target of 1.3471 as shown on my weekly chart. Daily chart showing good support supported by weekly S3 a bounce of the 50 day sma, and 61.8% retracement. For those who are used to seeing me in the chat room I will only be visiting there when my targets are hit and or i am expecting a reversal as the madness of the room distracts my trading.…Continue
Ok so from our discussion yesterday I was talking about imbalance of order flow and its importance. As you can see here on the right of this chart you have volume of orders, bid size , price,ask size. This is the orders being matched at the time of the pict price was at 1.3239 58 bid orders being matched to 32 ask…Continue