guys and gals,
you think it is quite late but this thread is not for manual trading. But I would like to share my ideas here. it may help
this screebshot taken from one of my self coded EA. EURUSD 1HR chart.
EU has moved to much to USD favor and it is currently OVERSHOOTED.
when OVERSHOOTED you must be carefull. Most of the time you should open REVERSE trades.
I dont trade those days. REVERSE tarde is dangerous.
I had several times placed a pneding order just over the yellow line but then DELETED when saw that price is dancing with MA 30.
as you can see price has coiled around MA 30.
EU is major currency and effecting all other currencıes and comodities.
I will wait until MA30 croses with MA200 or price has move away from MA30.
JUST BE CAREFULL.
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