Thursday, 5 May 2011

~EU M5 played well

Just a quick update on an M5 EU trade which I thought was not good. Of course the ones that I "think" are good or bad are the ones that do the opposite. Being right in trading is a rarity. Anyway here is the picture.

A Twin Peak sell signal was created indicating some sort of short momentum. at 11.20 Alpari UK on m1 starting 1.4880 was an m1, First bar of AO setup. I chose not to take it due it price being insides AIMS on M5. But I thought I must give it a shot using m5 rules. It worked well.