Friday, July 11, 2008

EU & GU

Figure: EU daily chart

I took long EU trade 2 hours ago. It wasn't a pure 4hr MACD system trade because I'm using different timeframes (which is daily), shown MACD TC pattern yesterday, waited for another candle to close so that I could confirm that the signal wasn't a fake one. Daily candle closed and then, there.. I took EU trade.

What I would like to see on GU in a few minutes to candle close is a perfect ZB (Zero Break) MACD pattern plus a signal candle giving me a more confident into taking the trade. Here we go: Edit: The candle closed with a tail pointing upward. I don't want to take high risk for GU so I had to skip this one.

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