Hello Portomar,
Does your nickname come from Portmarnock? A nice little area in Dublin beside the sea side. I nearly bought a house there once
Ok, I'le try and answer your Q's:
"
A period of all time dollar highs and colsolidation" are you talking about the period of Eur highs a few weeks ago?
I think the market is always making new oppertunities across different currency pairs. As I said a few times before, use the 3 ducks as a guide in addition to your own market knowledge ie sideways market, trendie market or volatile market conditions.
No sure if I completly understand the second part of your question
Are you saying that if the price has moved a lot ie 50-100 points before it crosses the 5min sma, then the
goodness might be gone out of the move? Yes, that can happen but most oppertunities will look different.
Dont know if I would use your words to describe the above situation
"increasingly likey to reverse". It maybe a trade oppertunity I would pass on. :whistling
Hope that helps a bit.