a comment. why didnt you trade earlier when the supply line was hit around 10. good exit, you really didnt get a good reaction off that supply line. lose the ma's
What do you mean supply line? Was that some news that came out? Keep in mind I am a total noob at forex. There are 4 trades there, the first 3 made me 15 pips, the last one I sold out with a 1 pip gain. On the last trade, what could have been an indication that the market was about to make a reversal?
Yeah man, the fuckin thing is broke like my box of indicator filters, prolly made by kmart damn scammers Just called 'em and they won't take 'em back 'cos I opened the box
supply line, thats the top line on your chart, or the downtrend line. where supply overcomes demand. the opposite or uptrend would be a demand line, I just call them these rather than support or resistance, my preference..... learn to draw the horizontal lines or support res lines... I dont know if it was news or not to be honest...my advice would be dont trade news for various reasons. an indication would have been like i say a decent reaction off the supply line, instead you had price hugging the line, your looking for upthrusts, fake moves and the like , there is a lot more i could go into but this will get you going.....