(CLICK ON THE CHART TO ENLARGE IT)On Jan 27th I posted:
"Entries will only happen at break of this Trade Range:
"Entries will only happen at break of this Trade Range:
## BUY break 1.9847 with STOP at 1.9835 and LIMIT 1.9960
## SELL break 1.9765 with STOP 1.9785 and LIMITS: 1.9715, 1.9675 and 1.9650".
On Jan 28th prices did several false breakout on this trade range. I didn't enter any single trade trying to take advantage of these false breakouts which would have worked very well as you can see from the attached chart. Trade range is highlighted in red.
On Jan 28th prices did several false breakout on this trade range. I didn't enter any single trade trying to take advantage of these false breakouts which would have worked very well as you can see from the attached chart. Trade range is highlighted in red.