Ive also gone long at 240.23 with stop at 239.93
targeting around 241 area
We both cant be wrong can we?
targeting around 241 area
We both cant be wrong can we?
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DislikedIve also gone long at 240.23 with stop at 239.93
targeting around 241 area
We both cant be wrong can we?Ignored
Dislikedthats the reason why i was asking everybody if they are going short, but it seems that everybody is going long on this pair. looking at the dailies its saying to go short, if you look at that time frame. anybody else care to elaborate on this. also look at the 4h chart. its approaching the 89ma. now it might bounce back up after it hits it or just above it. and also your going agains the trend.Ignored
DislikedI agree in the bigger time frames such as 4 hour it points down.
However on my 1 hour chart I have I had some indicators saying buy so I did. (Mainly to try and grab a nice retrace)
The China thing hasnt had the big impact I thought it might, also DOW and S&p are recovering.
Its a bit riskyIgnored
DislikedYou were right, must resist urge to trade of smaller timeframes!
Im now dead, all trades stopped out alreadyIgnored
DislikedI follow the 4 hour normally on all the pairs. I go on to 1 hour to try and pick better entries/exits. This time I just tried to be too clever and it backfired!
What MA's do you use? Do you apply the same MA's to all currency pairs/timeframes?Ignored
DislikedDecent dojo on the 30 min off the 2400 range (possibly forming on the 1h), which is also close the the 4h trendline up (249.70 range), still seems to have some downward momentum. Possible long position if it forms, but still on my toes about fundamentals. So taking the wait and see approach for now. If it makes a significant breach the trendline I'll likely go short.Ignored