If the flag is too wide in terms of protective stop then a possible entry could be in the middle of the flag with the same protective stop...

Zenny Journal

looking at the daily we have a trend bull bar then a pause bull bar or flag (yesterday). A classic bull flag in classical terms. On the 4h TF is much clearer. A BO above the flag is a technical entry. Flags also fail and a failure also fails....

Zenny Journal

long 97

Zenny Journal

closed with +5 pips.

Zenny Journal

often when the channels (prices are always in some sort of channels) are tight it is not easy to get in.....limit orders is best compared to entry stops...

Zenny Journal

we are at the major down Tline....but the push up to it is strong.....and we have a pause.... it not easy..... but I am long...

Zenny Journal

not trades......a BO was only the set up during my hours.....but BO often requires large SL's.....best is to wait for a BOPB which happened 7 hours later with a pin bar....

Zenny Journal

not clear...above PD high and PW low....

Zenny Journal

both eu and gu reacting at resistance....I will wait the end of the hourly....

Zenny Journal

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Zenny Journal

Good move..... The moving average combined with the larger channel line was the last resistance for the a test of the new low.....

Zenny Journal

Technically oversold: measure move reached and touch of the channel trendline....closed.

Zenny Journal

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Zenny Journal

close 2/3....

Zenny Journal

Bears looking for a measure move of 1522

Zenny Journal

Not trades for me....only one trade this week... Markets are hesitant.....Italy has not formed the new government yet and Europe/Germany is trying to condition the names of the ministers....... Hopefully when this is all settled price action will ...

Zenny Journal

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Zenny Journal

prices are founding resistance at the bottom of the wedge......it is a falling wedge which is a reversal pattern...... on the daily it is clearly a pull back.......but I would not go long if the major TL is not broken on the 60m TF......

Zenny Journal

not much for me atm.....side line I just need a couple trades a week... EDIT: GU BO but I do not trade BO

Zenny Journal

took 30 pips on GU.....prices broke the major TL just a bit and reversed........after the L session she stalled.... First trade of the week....

Zenny Journal