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- SidneyMagal replied Aug 12, 2020
Comfortable holding this for a while longer still. 22.6 has become a nice point of support, though PA will be interesting around 22.2 tomorrow if that's the direction we are heading, after that 22.0005 looks the biggest obstacle between here and ...
- SidneyMagal replied Aug 3, 2020
03.08.2020
- SidneyMagal replied Jul 20, 2020
Melco, this is on M5, but can also be adapted to work on M1 or M15 if you want image
- SidneyMagal replied Jun 24, 2020
This is a ranging pair at the moment, looking for a good exit from my short before tomorrows central bank meeting, if not I will be stuck holding. Strong SR can be seen at 22.2 21.9 and 21.75 to the downside. To the upside just 22.75 Chart is H1
- SidneyMagal replied Jun 24, 2020
Good morning Pro, Ive gotten in on AUDUSD buy, TP for me is .6971, where I will exit and possibley look to short as mentioned yesterday. Green pips for all.
- SidneyMagal replied Jun 22, 2020
Good evening Pro, how are you? have you been trading AU yet this week? The moves have been quite sharp lately. I was looking at 0.697 for a potential short, I was looking to long today but didn't quite get close to planned entry at .68
- SidneyMagal replied Jun 22, 2020
Been short since 22.6, so far so good. ADR low is a little bit above key R of 22.2, its in sight and I will make my decision to exit depending on PA there. This may end up being a long term entry if we can finally break through.
- SidneyMagal replied Jun 19, 2020
Good chance of consolidation today between USD and most exotics, USDMXN included. No big moves expected till next week now so have taken short position to hedge other investments. Looing for 22.37, stop at yesterdays high.
- SidneyMagal replied Jun 18, 2020
Expecting a tough day, USDMXN is ranging at the moment and has more room to the upside. 22.72 is possible and is close to the weekly high, below their is serious resistance at 22.2 and at best price may drop to 21.95 which is the wicks have dropped ...
- SidneyMagal replied Jun 16, 2020
That was a good time to exit shorts! Switching to the daily for a moment: 22.2 has now been broken, bias is to the upside with 23.25 in sight Edit, im currently not in this trade
- SidneyMagal replied Jun 16, 2020
Closed short with price beginning to stall. I don't need to look for a home run just take what you can. Watching PA between 22.2 and 21.7 now to determine next entry
- SidneyMagal replied Jun 16, 2020
Late Thursday and Friday of last week I entered short 3 times. It was a good day. Yesterday I didn't enter though should have done around 3pm which I regret Today I sold again as price broke and closed below 22.2 which has been a long running ...
- SidneyMagal replied Jun 4, 2020
Good day everyone Pro, are you looking to take another swing at EJ short now or has your position changed on it? Its got a lot of room to drop into now, but my bias is Euro could be strong for a period now after todays action from the ECB
- SidneyMagal replied Jun 3, 2020
Good morning Pro and fellow traders, I just wanna touch on something that's not as useful for SL, but I find very helpful for TP, ADR. When you know how fast pairs are moving and you have a time frame in your head for the trade, for example with ...
- SidneyMagal replied May 28, 2020
Hello Pro, hope you are well I see a chance for AUDCAD to move lower off the .912 area and down towards the blue box zone that would become the ADR low by the end of the day
- SidneyMagal replied Apr 26, 2020
AUDCAD on 4h, I believe this is a good example of a fractal, in the red circle you can see the low marked in orange and the most recent candle breaking the previous high. From what I understand AUDCAD will continue to rise for a while. Please ...
- SidneyMagal replied Apr 23, 2020
Haha yeh much better thank you. Up 41 pips so far on my closed trades for the day. Hope your day is going well On a side note, look at these numbers from AUD, just crushing everthing else still....
- SidneyMagal replied Apr 23, 2020
Guys ive already been in NZDUSD once and TP was hit close to the ADR Hi, the highest orange line. Is it acceptable to re enter on the same channel more than once?? As this looks like a valid entry point. If NO because the ADR Hi is still close, ...
- SidneyMagal replied Apr 23, 2020
Hello, was there any reason you didn't take entry in either of the circles? Thank you for your help
- SidneyMagal replied Apr 23, 2020
Greetings all, Im currently looking at NZDUSD on 15m, If im understanding correctly there may be an entrance here shortly if the channel stays above the 200ema and we get a nice opportunity towards the bottom of the channel. For this pair, again ...