Trade setup:
Buy on pullback SL:3030 TP:3110
Buy on pullback SL:3030 TP:3110
DislikedGood morning guys. This trade has been good yesterday for all who have longed. It came @ 3083.
Today we could see some more pullbacks particularly if price breaks 3010. Then 2980 is the level where we could search for potentially long trades.Ignored
DislikedWhat i like about your levels or calls is , you always come up with a rather safe and comfortable levels which has some thing in it . the Price action might pullback from 1.299.. levels only but again that 2980 was and is a good level for most of the buyers . when it comes to exit, a trader should recognize the levels depending upon current price action at that POT . Again a remainder that attitude of not jumping to a trade even when a sufficient edge is available . going for an extra safe option - is what seperates you from others in that category...Ignored
DislikedVery very boring and very slow PA. 3031/3010 are levels to watch for ( downside) 3045 is to the upside. Very tight and range bound.
Slightly bearish, i reckon it might go lower to test 3010/15 and when/if break happens 2980 will give a chance to go long with 2950 as the final and last chance to go long.
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DislikedVery very boring and very slow PA. 3031/3010 are levels to watch for ( downside) 3045 is to the upside. Very tight and range bound.
Slightly bearish, i reckon it might go lower to test 3010/15 and when/if break happens 2980 will give a chance to go long with 2950 as the final and last chance to go long.
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DislikedHey T@rantula,
I have been a avid reader your informative posts on FF factory for a while now.
My experience in forex trading has been limited primarily to my day job which was very very consuming. However now that I have quit that field for good (after 10 years) I am looking to get on the journey of becoming a full time trader.
I am looking forward to participate and learn from the experienced traders on this thread. Since I am returning to FF and to trading after over a year so feeling rusty.
For the chart you have posted ....can you...Ignored
DislikedHi T,
I was wondering if there is a potential setup you see on the continuation of this pullback?
Also would you take trades on such pullbacks and does it fits your trading rules and methodology. If you would consider it how will you approach it .....sell stop vs limit ...where would you put the stop loss?
Thanks in advance.Ignored
DislikedHello guys. Today I see more bearish continuation. 3015 is first resistance, 3030 is major resistance.
Trades could be taken around 3005 short... with stops around 3015 and 3030 as a dead stop for shorts.
Continuation should retest 2950 as the first target then 2920 the second.
Break of 3030 to the upside invalidates this setup.Ignored
Disliked1st setup in the morning
We may have a long @ 3000-3005 SL 2982 TP 3035.
Judging from yesterdays PA. EU should go higher today.Ignored
DislikedMany rejections off the 3020, we should be prepared for a reversal. 3020 NEEDS to be broken in order to continue further up.
Cable possible shorts at 6155-75 with stops at 6192.Ignored
DislikedJudging from PA, intraday trend has switched to bearish. Need to wait for a pullback to sell it higher. Again I repeat 3020-25 is resistance atm so stops should be placed just above.Ignored