Thursday, September 4, 2014

1337 - madness


Closed both my lots, as it seem to hit the last support zone (there was no more support zone below).

Crazy long bearish dip, not sure what happened. But I am currently monitoring AUD/USD now. See how price reacts in the resistance zone. Lucky I refrain from entering the trade 1 hour ago, after seeing an engulfing and also a pin.

I was hesitant to enter because it is not really an engulfing. Engulfing is when one candle spike up, and is countered by another spike down.



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