cover 479 around the level of the second Doji after the low of day, in yesterday's high (pain zone?). Price haven't taken a retracement high.
failure at 5min's EMA, haven't reverse, couldn't see da signal at 1min TF it at real time, think there might be signal from MACD also, will post a chart
miss da 450 long entry at 11:05 for 5min TL failure (continue of da up trend since yesterday), MACD gave a signal, was in doubt, will sit.
Ya missed a great signal on the 1 min - must do revision homework This is very important and I have covered it many times. Imagine this was a really fast fall so it becomes catching the falling knife... how do we qualify it as "high quality" and when do we reverse? It's a high quality move because it's well formed... the bodies do not overlap and they form a continuous flow. Then change of colour and buy over the top. So buy over the Doji with a stop just under (which is triggered by a close below low of doji). There is a retest of the lows but no lower close and MACD histo is helping you hold your nerve until attacks on the low reverse into tails and it starts up. Then the TF roll over is shown in the 5 min. Willl this is probably your most important signal to recognise as it stands the best chance of catching an important reversal when a large move preceeds it.