[Ronald Williams]

Hi Rich,

At present I am only paper trading until I complete the course.  I would have entered i pip above the close of the 12.30 (10.30 UK time) bar (the first engulfing bar) with a tight stop i pip below the low of the bar.  My target would be the 75 Gann level (o.74983), giving a reward to risk ratio of 2.5:1.  However, momentum has been lost and the target has not been hit.  Given the potential to the upside, I would be inclined to hold the position overnight and reassess the target in the morning.  Does this seem reasonable to you?

[Ronald Williams]

I thought I had attached the 3 charts to my earlier post but apparently not.  The charts are now attached.

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[Ronald Williams]

Hi Lewis,

Thanks for the comments.  All the charts took their directional bias from the DOR only.

Best wishes,

Ron

[Ronald Williams]

Sorry!  Here is attachment.

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[Ronald Williams]

Hi Rich,

Sorry!  I forgot to send the EURUSD screenshot, now attached

Ron

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[Ronald Williams]

Hi Rich,

I now attach revised screenshots of my charts for practical exercise 2, I hope you are able to download them.  Despite the recent downward movement in the EURUSD and GBPUSD both pairs remain strong buys.

Ron

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[Ronald Williams]

Hi All

I attach my charts for the EURUSD and GBPUSD for practical exercise 2. The monthly opening ranges (shaded in yellow) for June are:
EURUDSD: H 1.09531, L 1.08909
GBPUSD: H 1.52848, L: 1.51962
Both pairs are currently strong buys.

Ron Williams

[Author]

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