Friday, December 18, 2015

day trade setups - fxcm

y fv note: sure, it's dramatically up, but has it produced a sell signal? and what is a sell signal? it's a long bar up. and this has produced two long bars up ... but only sort of. a long bar up is longer than recent long bars up. what we're looking at is a base. a sell signal would be an even longer bar up. so where would this bar be headed? 22 is the standard mark, here. i want to buy this monday morning ... and sell it at 22 or better as soon as it gets there. Oh Wow. on the 2 year chart it's going to $75.

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