DislikedEUR/USD increased trading on s/r resistance levels. eur/usd is still going short. please confirm if correct/incorrect. sell order pending at 1.30750 -rxJano {image}Ignored
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DislikedEUR/USD increased trading on s/r resistance levels. eur/usd is still going short. please confirm if correct/incorrect. sell order pending at 1.30750 -rxJano {image}Ignored
DislikedI could do with some help with good money management. Our risk management process buck against counter trading against the trend. This tends to be the case with PVSRA it seems. So whilst 1min TF may indicate bulls, the 1HR trend may be bear. Holding a trade for a long time until the trend reverses... Do we have a link to a PDF/post for details to help with this?Ignored
DislikedUJ PVSRA BULL or BEAR MM drove the price to half number, more highs then lows. PVSRA indicate that MM are Bear. Start building my Shorts. {image}Ignored
DislikedAUDUSD BULL or BEAR? I have a bit of mixed signals here, please someone straight me up a bit. I see MM driving the price UP to a whole number, meaning they are trying to get better price for shorts, but weekly chart shows support area after 1300 pips down move, so correction is immanent. So my question is that MM are longs or Short? PVSRA indicate MM are Bear, but there was a huge move down. So I am in a struggle here, should I start building Short or wait a bit for correction? Thanx for any advice! Edit: I think I got my answer from just move....Ignored
DislikedAUDUSD BULL or BEAR? I have a bit of mixed signals here, please someone straight me up a bit. I see MM driving the price UP to a whole number, meaning they are trying to get better price for shorts, but weekly chart shows support area after 1300 pips down move, so correction is immanent. So my question is that MM are longs or Short? PVSRA indicate MM are Bear, but there was a huge move down. So I am in a struggle here, should I start building Short or wait a bit for correction? Thanx for any advice! {image} {image}Ignored
Disliked{quote} UJ Short Trade: Added short trades #4 & #5, Scouts. Same PVSRA story, the MMs moved price solidly above the 1/2SR and are now more actively trading, indicating they are bears hiking the price to add shorts. Adjusted TP. Before the bear MMs might start moving the price lower for profits, there is still time early in this week for them to continue the pump. If they get this to the upper whole number area, and if PVSRA continues to indicate the MMs are bears, I intend to continue to add. {image}Ignored
Disliked{quote} UJ Short Trade: Closed all five short trades for 400 pips gained. {image}Ignored
Disliked{quote} AU Short Trade: Added short #3, Scout. The MMs did bump the price a bit more and triggered my pending short order. I have set another a little higher, but I doubt it will be reached. Adjusted TP. {image}Ignored
Disliked{quote} UJ Short Trade: Closed all five short trades for 400 pips gained. {image}Ignored
Disliked{quote} UJ Short Trade: Closed all five short trades for 400 pips gained. {image}Ignored
Disliked{quote} I don't get it. U build short and as soon as the price crosses the EMA and the dragon starts to point south u close them. I'm not saying it's bad because a trade with profit is a trade with profit, but don't you think it's better to at least give it a try now that the prices is below the EMA? {image}Ignored
Disliked{quote} {quote} Several things were on my mind: 1. AU, EU, GU,....all being pulled up for short loading by US MMs, presumably ahead of more downside they have in mind for these pairs. It would spell dollar strength move coming which could cause UJ to go back up. 2. It is only Monday, so another pullup could be in store if indeed this is going any further down. So if I wanted to continue to risk a UJ play down while AU, GU and EU also go down, I might be able to re-enter again. 4.. PA hit down thru half number SR with notably increased volume. Either...Ignored
Disliked{quote} UJ Short Trade: Closed all five short trades for 400 pips gained. {image}Ignored
Disliked{quote} {quote} Several things were on my mind: 1. AU, EU, GU,....all being pulled up for short loading by US MMs, presumably ahead of more downside they have in mind for these pairs. It could spell dollar strength and work against a UJ short trade. 2. It is only Monday, so another pullup could be in store if indeed this is going any further down. So if I wanted to continue to risk a UJ play down while AU, GU and EU also go down, I might be able to re-enter again. 3. PA hit down thru half number SR with notably increased volume. Either stop the...Ignored