DislikedRJ (and other members), if you're not too busy, could you please give your feedback on this trade opportunity on GU? Thank you. {image}Ignored
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DislikedRJ (and other members), if you're not too busy, could you please give your feedback on this trade opportunity on GU? Thank you. {image}Ignored
Disliked{quote} I've been watching that for a while now. If you flick to an M15 chart you'll see that since market open today that the PA has been making higher highs and higher lows.....so until I see a lower low (which might come soon seeing as the pivot is in the way of the bulls), I won't consider an entry.Ignored
DislikedRJ (and other members), if you're not too busy, could you please give your feedback on this trade opportunity on GU? Thank you. {image}Ignored
Disliked{quote} Me personally, I'm short at 1.5195 since the matrix it is in agreement with the overall higher TF trend that I use as a basis for triggering a trade. I don't counter trend trade much. Meaning, anything lower then the hourly/daily/weekly IMO, is a counter trend if it is NOT in agreement with said above. Nothing of course is a guarantee, but I prefer to increase my odds of a successful trade. We'll see how it plays out.Ignored
Disliked{quote} Me personally, I'm short at 1.5195 since the matrix it is in agreement with the overall higher TF trend that I use as a basis for triggering a trade. I don't counter trend trade much. Meaning, anything lower then the hourly/daily + IMO, is a counter trend if it is NOT in agreement with said TF. Nothing of course is a guarantee, but I prefer to increase my odds of a successful trade. We'll see how it plays out. Market is ranging a bit today.Ignored
Disliked{quote} Me personally, I'm short at 1.5195 since the matrix it is in agreement with the overall higher TF trend that I use as a basis for triggering a trade. I don't counter trend trade much. Meaning, anything lower then the hourly/daily + IMO, is a counter trend if it is NOT in agreement with said TF. Nothing of course is a guarantee, but I prefer to increase my odds of a successful trade. We'll see how it plays out. Market is ranging a bit today.Ignored
Disliked{quote} Thank you for sharing your opinion. Where is your SL on that trade? Around 1.5220?Ignored
Disliked{quote} I thought GU short was going to be a good trade too......Ignored
Disliked{quote} I took the exact same trade, but I exited at sunday's low because I'm afraid that I was looking at it all wrong, so I'm waiting for a break of 5184 to re-enter short. A break of the cluster right above (RN/DP/sunday high) is my cue to go long.Ignored
Disliked{quote} Hopefully it plays out to the downside. Market is ranging. We'll see where the U.S market wants to go.Ignored
Disliked{quote} .... hmmm... USD seems to be weakening but I still expect GU to go down a bit more.Ignored
Disliked{quote} Good call. I try to ignore Sunday's PA. Friday's low is at 1.5157.Ignored
Disliked{quote} So do I normally, but a higher low in a downtrend is a deal-breaker for me. FYI same goes for eurjpy/usdjpy. No higher high after yesterday's open, so be careful. We'll see how things play out after NY. {quote} Because bulls seem to be losing strength, particularly in EJ's case price is consolidating, if u look at a higher tf. We'll see if they get the upper hand again hopefully soon...Ignored
Disliked{quote} PA today is horrible and is one of the main reasons, I usually don't trade on Monday's. Oh well. We'll see how the day progresses. Mainland Europe is on Church holiday, so maybe NY will push the market.Ignored
Disliked{quote} Japannese Finance Minister talking up the Yen earlier today saying that the Yen corrective weakness has pretty much been completed, and any more depreciation could effect the populace in a negative way. This is probably why Yen crosses have currently halted it's rise.Ignored