Structural FX, page-25

  1. 2,131 Posts.
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    Hi Cooder

    Well I was wrong but still in profit.

    About 11.40 last night I spotted a manic move on the Tick chart which was move by someone big. It was 8 times the speed over a 1 minute candle. I was confused at first because I thought this was the move up. When it dropped after a false spike, I opened a short but kept my long.
    So the long was opened this morning but soon had its stop loss hit for a 30 Tick lost.  However my short is still in place and up around 70 pips up so that’s a net positive of around 40 pips. 
    If it had gone up, this short would have closed at break even.  
    I always have my screens focussed on the 1 minute chart when I am near a trade, I hope to see the move confirmed here first. 

 
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