DislikedStress is good for you !!! Until it gives you high blood pressure... then you better slow down after that !!!Ignored
I dream, therefore I become.
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DislikedStress is good for you !!! Until it gives you high blood pressure... then you better slow down after that !!!Ignored
Dislikedhahaha, very true, very true. I agree on that. I'm looking over a few charts now and am noticing that there is, more or less a pin, on th Usd/Jpy daily. This is countertrend and I wouldn't take this trade. My reasoning for not taking this as a trade is that there is nothing else but the bar; no converging factors to take this as a trade. However, I would be willing to guess that it will move up and into resistance within the next few days. With that in mind, I would wait until we hit resistance and then price action tells me that the drop will continue. The upmove could quite possibly be limited to a movement up to the area of 109.00 (resistance area formed from the tunnel emas on the 4 hour chart). If so, I would be looking for immediate reversal back to resume the downtrend. The two charts are showing my thought process on this.Ignored
DislikedYes I see what you mean... but also look at the daily bar from Friday and it is pinnish too, in the other direction.... this is part of the reason I am being careful of GBP/JPY... I am starting to think we may get a bit more of up move first, past 224 on GBP/JPY... so here I am waiting... because ultimately, I think price must come down... it is so like me just to trade anything in any direction... but I have to start not being an idiot about it all the time... my target is 217 on GBP/JPY as that follows the neck line of the H & S... I think that will also mean more downwards for USD/JPY...Ignored
DislikedI believe today I will stay out of the fray of sunday trading... No quick off the bat trades for me today... at least not until late at night when Asia is in full swing.... then we'll see what happens...
Principle things for this week...
watch GBP/JPY for the right time to go short again,,, though we have a bounce up due ??? Maybe further than we think...???
Plan to trade the Pin Bars on EUR/CHF and USD/CHF
Hmmmmmmmm, now I am using your journal as if it were my journal... another 'pro' to the pros and cons of starting my own journal...Ignored
Dislikedthanks friend for send that sites to me , it is really helpfull......have a nice day in tradingIgnored