Thanks. I haven't really given much thought to using indicators to confirm the 3 ducks setup. That's definitely something to look into.The chart above shows the indicators I use,parabolic sar,macd,rsi and stochastic - I use these indicators to confirm a 3 duck trade.
As it turned out, both took of for an easy 2:1 R:R if stops were placed just below the 5min support.Long setups on EURGBP and EURUSD but I'm giving them a miss. They've been stretched on the last 2 days so I just feel that its highly unlikely we'll get a big movement again today especially with the medium term bearish trend.
Would not have been a good trade to get into anyway due to the German producer prices being released just now. Better to wait for the news.......EURGBP and EURUSD were lined up again. I saw it too late but it would have been a bit contradictory for me to take it as the same reasons for not taking it yesterday should still apply. Lets see what happens again today.