Just a little analysis on one of my worst performing pairs for the week on Slopey Peaky Bob. The attached example sees a deep retrace in the current uptrend - GbpJpy and I think the Swissy pairs were also affected. The retrace in the example has came to a halt just above my monthly pivot. From the 20th to month end could see a strong rebound to the upside. My monthly still has a higher high and higher low. You will also see that peaky on the 15 min timeframe 1682 candles ago had a strong retrace from the highlighted red zone.. perhaps something I could consider with the Ea in future tests. I am quite happy that Peaky on the hourly time frame 1682 bars ago has shown a strong bounce off 143.868 which is my yearly medium support 1 and also monthly support 1. All in all I am happy that we are still in an uptrend and patience and more patience required
I also take into consideration Hgi and stochs for my current view..
All the best for the new week.
Cheers
Leon