Looking for a possible long here after rejection to scalp 2-300 pips. Using Fib for possible multiple entry points as monthly trend continues upward. However, trend appears to be losing steam and am expecting a long term reversal in the near future.
Just a thought on Ichimoku for new traders. I haven't used this indicator much but after review I was thinking about implementing it into future trade ideas. I believe that it can appear overwhelming at first but if focus turned to one element at a time, I believe it can familiarize a trader with (almost) all the aspects of intro indicators. It can also be...
Looking for a quick rejection out of the gate at 1569 then a long position with a tight sl. Expecting an uptrend after more good news.