I have tweeted a trade on EURGBP. There was a question how this trade was spotted as it doesn’t seem to meet Tflow® theory.
I shared my thoughts and experiences here, and please read through carefully and replicate it next time. If you have difficulties in understanding, please attend 4M or BP class to garner more experiences. Or drop us an email.
Happy Chinese New Year. Be happy healthy and wealthy. Let's earn while u ebk. $eurgbp below 8225 has s around 8150ish. More s levels later
— TerraSeeds FX Tflow® (@terraseeds) January 31, 2014
Update on 7 feb 2014 1.21pm
EURGBP didn’t go as planned and wanted, and became a stop out trade with a loss of 35 pips and 45 pips respectively for my 2 batches. I have also warned when the trade was about to turn sour.
— TerraSeeds FX Tflow® (@terraseeds) February 3, 2014
Maybe you might think I’m stubborn, but they are certain things that I INSIST. You will hear the word INSIST in 4M classes I conducted. And if you question why most trades that I tweeted has a high probability win (except this one *smile*), then INSIST is the key. My stand is always, if the trend is still intact, I like to go with the trend.
So in D1, trend is still down base on trend analysis of LL, LH that we taught in Tflow®.
No bearish expansion sighted in H4. Price shows resistance. If the 1234 should pan out, then it will be a WR of 2 boxes high
Price now at top of ED channel and horizontal resistance. In fact, price punch through ED and then was rejected by closing inside ED