Did you notice the pinbar for last month on the gbp/usd. Would youa say that is valid if do not make a lower low his month. I was thinking of going long.
Thank you for your help
Thank you for your help
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DislikedDid you notice the pinbar for last month on the gbp/usd. Would youa say that is valid if do not make a lower low his month. I was thinking of going long.
Thank you for your helpIgnored
DislikedYep, I would say it is valid still. I have to look further into it to find a good entry. I plan on going long as well if we get anything on lower timeframes indicating it. It'll have to happen soon in my opinion, or else I don't know about it.Ignored
DislikedIm taking a short term short on the aud/usd. It bounced off of resistance on my 4 hour chart and now I am going to be looking to see a lower close.Ignored
DislikedMike,
What do you think about the AUDUSD?
1. Weekly - Probably a bullish continuation.
2. Daily chart - A pin bar close to the resistance.
Do you think it is good to short for 8906 levels. If it breaks above 9100, then look for long trades.
What do you think?Ignored
DislikedI jumped into a couple of long trades on the gbp/jpy earlier this morning and plan to add more to the position on a solid confirmation bar of the last 4 hour's pin bar. I will wait for a small pullback and then add to the position IF we get a solid confirming bar.Ignored
Disliked
Along with those I am entering a short position on the eur/cad based on the daily chart that just came out. It shows a bearish engulfment off one of the fib lines that acted out as resistance.
Along with those, I am taking a few more out of Karmo's book. I am trading down to the 5 sma retrace for the day and have entries waiting at 210.75 for long orders. I plan to hold those orders for quite some time and just collect interest until targets are reached. I also still have trades open from the high 209's for this pair and plan on letting them run now that I've seen the daily charts.
.Ignored
Dislikedlike ur thinking as usual
higher highs higher lows on the pair easy.... could see a retrace tho first IMO.... but starting to build a position sounds good to meIgnored