Hey you $AUDUSD, where are you going? Can I follow you down?
Hi, it's just after London open. Here's the picture.
- Boss reading at 866
- Since the morning Asian Session, it has traded up about 170 pips (more as we speak)
- I've put in my trendlines - so it's a question of whether they will break?
- And will stochastics stay overbought for the SELL down.
I'm going to wait for these few things to happen before I enter:
- Boss reading 1000?
- The usual suspects - Stox cross on overbought, trendline break, 2:1 R/R
- A black candle on M15 with some reversal indications.
- And I would like a nice picture on the Bollinger band going in. Minimum will be black candles at the top range of M5 chart.
As I write, a little M5 candle has appeared. Yep, I may be over thinking...but I'm going to wait and see.