ChuChu Rocket wrote: Mon Nov 08, 2021 10:59 pm Your charts are worthy of a print out just for the info on them! Just wondering, you're going Long on your chart but all the indications are showing a downtrend. Are you counter-trend trading?

Thank you for the great info, Mr Cronex!

Hi @ChuChu Rocket,

Yes, it looks like I am counter-trending but after reviewing the charts this morning and when I got into this particular trade on Friday it was a strong reversal trade.

Over time one learns to read the charts and in confluence with the indicators make decisions that seem counter to what most people would expect.

One of the main factors for me was that this particular pair reached a strong support level after GBP's Thursday drop (not unsurprising since this is what the Market Makers had planned). The reason I say this is that that particular pair had been ranging ALL week just before the big drop! And that big drop took it to it's weekly range ( how convenient!)

So all of that meant that despite the indicators showing a SELL I knew that this would be a STRONG BUY reversal Now the indicators will eventually "catch up" and show the buy

Warmest regards and to you success guys