0.5 and 0.618 confirmed by structure after an impulsive move

27 Tem 2016

Trade with care and watch out for news.

28 Tem 2016

Not

puh... close... level one is now invalid for me in the moment.

29 Tem 2016

Not

There was a nice reaction at level 2.. I didn't trade it, because I couldn't be at the computer at that moment. And I don't like to set and forget trade, when I'm countertrend. My strategy would have been to raise my SL with each higher low on the M1. This would have given me a profit of about 60 pips. I am not sure how where this is going from now on. Probably there is still some upward momentum involved.