See attached Relative Strength 5 min chart - courtesy of @NVP...AUD beginning to come off the boil....relativelyOut of EURAUD at target for +50.
Stop to B/E on the Brent trade now, not quite +40 yet but it's late in the day.
Nah, it's fine as long as you keep taking the meds.Blimey, I'd have a seizure watching that all day
Here's a 4 hour RS chart ( no drugs required) followed by a 5 min.
Yes, sorry, I didn't mean to hijack yr journal - just thought the RS context might be of interest. @NVP is a demon scalper and has been doing well for donkey's years using an approach based on relative strengths; his thread is worth a look even if it's not your thing.Thanks
Anything that isn't on my charts is usually noise to me to be fair, but I like to still learn - what are the green and red zones?