(CLICK ON THE CHART TO ENLARGE IT)On Saturday March 29th I posted:
## SELL failure 1.9970 with STOP 2.0015 and LIMIT 1.9875 (Aggressive strategy)
## SELL consistent break 1.9875 with STOP 1.9920 and LIMITS 1.9765, 1.9720, 1.9600 and 1.9485.
As you can see from the attached 5-Minute chart the 1st strategy to enter short at failure of 1.9970 worked very weel reaching its target at 1.9875, resulting in a 95-pip profit. Now the second strategy to enter short at break of 1.9875 got stopped out resulting in a 45-pip loss but the second time the 1.9875 got broken the target of 1.9765 was reached, resulting in a 110-pip profit. Both strategies were successful.
