EU is weak while Gold/silver is up.. Hmm..
Sonic
Sonic
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DislikedDo you mean support? Resistance is plotted on my chart with a green line, it's around 1.0506. I don't see a lot of support until 1.0480 and 1.0460ish. Should my short be triggered it won't struggle much with resistance.
Oh, you're referring to your channel lines. To be honest, I don't put a great deal of weight on short time frame trend lines.
To all; There is an interesting argument for a long in audusd right here, anyone taking it? I'm still in the bear camp but I can see a bullish potential. Also, first move in Asia is often a head...Ignored
Dislikedi am not happy shorting very close to uptrendline onH1,H4
any feedback on thatIgnored
DislikedI was just thinking the same thing when you put up your first post... If it was me I'd wait for some kind of break/re-test pattern before entering. Even so, as long as you've set good stops you might come out with a break even or small profit?Ignored
Dislikedi am not happy shorting very close to uptrendline onH1,H4
any feedback on that
anyway closed short -6 pipsIgnored
DislikedUp and Down..Up and Down..
It makes the world go around..
SonicIgnored
DislikedEU:
Yes. The asian session BBs hiked price to whole number area for short building. It might seem that the London session BBs are very slow to do the same. But this works for them. The longer they take, the more others will simply go ahead and take short positions. Then, and maybe in concert with the USD releases and the US BBs, the price will later be hiked big time, hitting the stops on the those that already took short positions. Yesterday the upper quarter number area was busy, and price might get spiked back towards it again today on a short...Ignored
DislikedUCad: Entered long as shown. SL will remain mental thru the USD high impact releases.
Edit: Added trade 2 as shown (2nd pic). Same TP for now. SL remains mental.Ignored