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Resurrected Powerful Dazfx AMG wave 20 replies
DislikedHey Daz, what do you think about this setup on Usd Jpy? To me it looks pretty good. Retracement to 61%, reversal candle, stoch bearish cross, pair is under the 200 sma - blue and under daily pivot -green.
I entered short at 99.30 with stop at 99.90 above the retracement.Ignored
DislikedDaz,
I did not mean to hijack your thread.
S&P is coming down (sigh of relief)
Edit: 15 min TD lines updated. always move the Right edge to the newer wick to be safe on entries. Only enter on a 15 minute close breach. As this channel develops the prospects of a short breach increase in value. If we see a break South it will be safer now that we have created a more robust channel.Ignored
DislikedDaz,
your entries are excellent. i've been looking for a way to get in before my 15min td line breaks. today i was able to confirm with td break and still enter S UJ at a reasonable price.
i'm worried about this trade now due to Speaker in 15 minutes at 8:15 EST. Then GDP/employment claims at 8:30EST.Ignored
DislikedI am worried about the news as well. I was planning to move my stop to b/e 15mins before news, but didn't expect the last candle to close above the daily pivot.
Will wait a few mins and exit taking a few pips.Ignored
DislikedI am worried about the news as well. I was planning to move my stop to b/e 15mins before news, but didn't expect the last candle to close above the daily pivot.
Will wait a few mins and exit taking a few pips.Ignored
DislikedGood plan. I've just taken hits on both UJ and EG.
Edit: UJ close above 78.6, so now off shorts radar.Ignored