Youi remember the Schiff-Lines I introduced yesterday.
I added them to my CAD/USD chart today and now look at this nice hit of the 50% line
Unfortunatly I wasn't in on the short, being out with my dogs for a walk in the rain. I had placed orders at 1.1040, 1.1060 and 1.1080 to go short, which were obviously missed.
I recommend you take a look at this article from Brett Steenbarger, which he recently posted.
Technorati Tags: Chart pattern, Psychology
