A Simple Trade.

[weinerking50]

Very informative. Thanks Bobnat.

[evg7145]

Very nice trade Bobnat, thanks for sharing.

[govinda]

Hi Bobnat
I like your attitude and preaching mood. I am eager to see continuation of this thread
Wishing you well
Govinda

[govinda]

Hi again Bobnat
Inspired by you I tried to express my way of tinking as well. I hope you do not mind if I post some charts here.

Below are 4 charts with two signals I entered today. First one was easier, the second one little bit more complicated…
More comments on the charts...

PS. sorry for my poor English
=============================
I like flags and whenever it is possible I put parallel lines and anticipate flag. Of course they do not always appear but…

[govinda]

situation before the second signal...

[govinda]

10 minutes later...

[govinda]

and as we know that scenario was fulfilled…

[govinda]

To make my presentation at least 38,2% as clear as the initial one made by Bobnat I think I should also explain why I was so eagerly looking for long entry signals this particular day instead of short ones.

The answer is on the pictures from previous day.
So lets take a look at the 4h chart first: