I don't have all the answers but you are always trading the lower TF which can really turn against you for no reason at all regardless of whatever indicator you are using. Start with the weekly, then work your way down to the H1 TF for and order ...

It could be a longshot but I'm still looking forward to a correction down to 1.2150 before going up. We will see.

Wouldn't be surprised at 1.2340 since everyone is betting shorts on 1.23....we'll see.

Bought at weekly S1 1.2172. If it breaks 1.2165, this sucker's not done going down this week. Why? Last week, the range was barely 200 pips. Occasionally, daily/weekly ranges tend to make it up the following session.

Looks like it's turning.....I'll wait until Monday LO to decide. Good weekend.

I think this is done for the day. It will just range here until Monday/Tuesday 4hr. I expect a correction up to 1.25-1.26. We will see.

Thanks TD, I'll keep studying. Good weekend to you too.

Thanks for sharing. I'm gonna search for the TDI indi on this site to get going.

What is your opinion on G/U pair? Thanks.

Not now, not this month.....look at the monthly. Most likely correct to 1.25-1.26 and could continue down to 1.19-1.20 IMO.

Base failed.....now going down to lower 1.22 this week.

Now let's wait and see if it creates a base around these levels..... If so, target could be around 1.26......then back down to 1.2231.

Waiting for 1.2305-1.2328 (weekly S1) for a possible bounce up to weekly pivot. Patience needed.

Careful, brother......we only have 151 pips for the week and I expect this to close with a red candle. A most likely scenario for me is to close around the lows possibly spiking down to 1.23 then up. We'll wait and see.

Hidden

My play for today: will wait to short around yesterday's high to end the week with a red candle.

Update: We are in the middle of tranny land right now. Prices hit 1.2445 then proceeded to hit 1.2547 on Monday. It failed a retest of last week's low at 1.2445 yesterday so I see the daily lower BB at 1.2412 and/or the weekly S1 at 1.2397 as a ...

My strategy: 1) Hold buys until +90-+130 from lows, 2) wait for retest of lows which I expect it will hold, 3) short around 1.27 until 1.23 for the rest of the month. We'll keep watching.

I think there won't be a big move today/tomorrow.....I'm expecting the week to close around these levels. However, we can see a corrective move up next week before moving down. We'll wait and see.

I’ll wait for a retest to commit to a corrective BUY tomorrow LO. I have 1.2446 as a reversal up before hitting 1.2305 (weekly BB).