Dislikedlong from 7210. stop is low of previous 4h candle. the levels are all there. price action is pretty clear right for the moment. {image}Ignored
Don't blame the tools. Blame the carpenter.
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Dislikedlong from 7210. stop is low of previous 4h candle. the levels are all there. price action is pretty clear right for the moment. {image}Ignored
Disliked{quote} Good for you kent. I got it all wrong, my SL 0.7260 (45 + 5 pip spread). Luckily its small short, but that is not the point. When i got it wrong, i have to reevaluate my system. Should have to be alert when it got my short limit today, instead of wednesday. Anyway, i am happy for you. Good trade friend.Ignored
Disliked{quote} from what you are saying, you might have sold at the low. these levels are no trade zones for me. if i was short from 73 area, i would definitely hold a position in case the level breaks and would keep adding if happens. otherwise no trading because these levels are potential turning points. now 7220 will be tested to check if this really wants to go up further. 7197 will show if down trend will resume. so 7220 is where add to my long and below 7190 where i bail out. if i got this right, 7280 is in my sight and then 7350Ignored
Disliked{quote} I do not use MAs (nor any other indicators) but if I ever use it (200 sma) that will be on 4H chart {image}Ignored
Disliked{quote} since we are dealing with an unknown future, to some extend, it is gambling. it is always about different views and opinions. always someone is right, another one is wrongIgnored
Disliked{quote} from what you are saying, you might have sold at the low. these levels are no trade zones for me. if i was short from 73 area, i would definitely hold a position in case the level breaks and would keep adding if happens. otherwise no trading because these levels are potential turning points. now 7220 will be tested to check if this really wants to go up further. 7197 will show if down trend will resume. so 7220 is where add to my long and below 7190 where i bail out. if i got this right, 7280 is in my sight and then 7350Ignored
Disliked{quote} Thanks for sharing. Yup my short order was at .7215 with 50 pips SL. I don't share the same level with you, sorry. My level formed monthly, with NFP reaction, and fibo. So unless i see breaking of 23.8 level (0.7300) i don't confirm long. My position always 50 SL : 200 TP (1:4 ratio). Everyone has its own. I am surely grateful you like to share your opinion.Ignored
DislikedLooking for a retracement back down to around .7100 region before i jump in for longs. That's my view of current price action. H&S on the hourly and 4 hourly. Bulls are currently losing the strength to push higher judging from the amount of long wicks above the candles. Will close out all open positions before the FED rate decision. Too much risk and unpredictability.Ignored
Disliked{quote} will agree with you on the last line. don't know what will happen. hearing of a 500 pip swing move.Ignored