Hi guys ..
Current H4 bar shows strength, so probably short isn't such a good idea imho. DX is also spiralling.
I went long cable not too long ago at the break of 5225, so if it's any help for you guys, atm, that is the line in the sand for me. Upper targets to short from needs a confirmation.
Here's the level:
Hope that helps ... Good luck
Welp, I'm outta here. Closed my cable longs.
Will only carry my eu trade thru nfp and nothing else.
So see you all tomorrow during nfp. Bye!
eheheh no.. i didn't... needed for confirm... i am still newbie... and already almost blew my "small" account... so to be aggressive sometimes is good.. but i will wait to be the chief of some fund before going against the other big guys
Euro Dollar Trade Update
1. long @3502 closed @3584 (0.4)
Remaining stop amended.
1. long @3502 sl @3510 tp @4250 (0.1)
Changed my mind.I didn't realise it's multiple bank holidays tll nfp. Will buy lower if it gets.
LONGS!!! Below is the chart I had mentioned in last post here about the TL
on Cable. (sorry the cable chart is from yest. still valid though)
There are a few things I am taking into consideration before opening or closing any new positions.
1. LDN / EUR holiday
2. USA - NFP Later in NY session
3. DXY on support. Would like to see the line broken to sustain further
cable and fibre moves up. Otherwise may look for shorts. Chart added.
If DXY breaks I want to retest 5800 ultimately first.
Please feel free to stop by My Gold/ Silver thread here @ FF anytime if you are
Luck to you,
1. long @5226 sl @5170 (0.2)
yesterday's chart. using the same levels:
Euro Dollar Trade Update
1. long @3502 stopped @3510 (0.1)
Euro Dollar Trade
1. long @3488 sl @3215 tp @4250 (0.5)
aha! I hope so brother
Right, i'm outta here. Enjoy your weekend & holiday bro!
Shorts Cable & Euro
Added 2 shorts on Euro & Cable (entry, sl, tp in picture).
I'm attaching both 4h and 30M volume chart, 4H shows an overbought to the upside with QQE cross to come. The 30M shows sellers (indicator BetterVolume) on strength with confirmation.
Good holidays everyone and a nice weekend!
Edit: Sorry, in the 2nd chart is BIG VOLUME DOWNBAR, not upbar and is a confirmation that I check after I take the trade to see what's happening.
What actually happen to USD/JPY...
I take short at 93.85 and now at 95.59?
It run LONG very fast...
You are right sir, i am not concern about that...
I got your point sir... Still need to learn about trade...
Cable Trade Update
Stop amended. Tp installed.
1. long @5226 sl @5070 tp @5850 (0.2)
Here's why I adjusted the emergency stop.
Current level used to be the major barrier bar one short squeeze we saw earlier this month. And at the mo, we are trading above it. So what used to be the ceiling, is now the floor.
However, if price slides below this major support, I will not hesitate to reverse and short.
only thing bro is that zone is a buffer
i have a weekly chart of the range this some b*tch is in and it appears that its failled to breakout, dailly is bearish..will likely test 1.5 which should hold as the monthly closed above 1.5..
those are my thoughts..have a great weekend bro!
As most people know, my trading is mostly mechanical & I am all for simple things like trendlines, pvp, s/r levels & patterns.
So apart from the above chart, here is one really simple reason why I am looking up instead of down. See the similarities in those two in blue?
Of course it could just purely coincidence ... Time will tell.
I'll still be collecting daily with scalps etc while waiting for this trade to materialize. If it doesn't, we'll just reverse & short, the supp level is pretty evident already @5180 level.
Btw, interesting close to March ... what I'll give for a twinkle twinkle morning star
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