Wednesday, 21 September 2011

Stress Free but Choppy this Morning - Forex Drama

The following example is not for newbies to try. I play with my charts but decided to share this just to share and give a perspective that this is what we want to do. We want to learn to add on successfully. But not into chop, we want to add on into trends. I inadvertently added into chop. Still managed it successfully but only just.



Some Patience was required for the rest of the day. Price quickly broke out once and then painfully stayed sideways for a period of our an hour and then finally a perfect Setup 1 and long for 40 pips.