The RSI is low, the only issue is what I was mentioning I think yesterday..jumping into a big drop can be tough, better to wait a day or two to see if they shake it out and it goes lower.
I like that pair but down more towards the lower candlestick on the 18th, which would be another 100 pips from here.
I think that trade is a winner if you can average in and be patient.
I personally wouldnt have bailed on it..
The RSI is low, the only issue is what I was mentioning I think yesterday..jumping into a big drop can be tough, better to wait a day or two to see if they shake it out and it goes lower.
I like that pair but down more towards the lower candlestick on the 18th, which would be another 100 pips from here.
I think that trade is a winner if you can average in and be patient.
yeah i def agree...and ill probably be getting back in on monday for a buy. that was just a greed/impulse trade and i wanted to make a quick 20-30pips, and set a tight stop which got hit. also, i didnt want to hold over the weekend, but for sure monday i think will be in good shape for a buy there.
yeah i def agree...and ill probably be getting back in on monday for a buy. that was just a greed/impulse trade and i wanted to make a quick 20-30pips, and set a tight stop which got hit. also, i didnt want to hold over the weekend, but for sure monday i think will be in good shape for a buy there.