Monday, August 24, 2009

New trade


Normally I would wait for the 4HR pinbar to break before entry. This time, I entered earlier, based on 15M PA trigger. I believe there are enough confluence for the 2nd touch trend line to hold, and to move down further subsequently.


I see 50/61.8% Fib retracement, as well as at PPZ.


Let's see if she wants to go down and boogie!

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