EURUSD – 1hr Manual DP sell

Hi Everybody,

Here is a great example of how you can use the “manual” DP levels on FOREX charts to uncover some great trades.

Here the manual DP nailed the recent high on the EURUSD 1hr chart perfectly. The market has fallen nicely to reach the “opposing DP” level. But the difference here is that as the lower DO level was reached, the STF was strong, so standard traders would have swapped to the ATRStop for trade management.

The markets is still declining as I write..................

Thanks, Steve