Hum, I distrust that demand zone on the DJI Mr Red. I'm waiting for prices to come down to 11750-11650 for some demand.

I'm actually looking for some demand at these levels on cable. Positioned longed accordingly.

Closed for +40

EUR/USD — Short on EUR/USD @ 1.3791 Expecting some supply here, hoping it turns lower for the rest of the day.

XAG / USD — Preparing the market for tomorrow I came across this picture for XAG / USD, contemplating a possible short around 35.85 Would you guys call this latest upward leg a compression pattern?

Didn't enter the DAX again but caught a similar demand zone on the DJI for 120 points. Tomorrow I expect some supply over 12260 there and around 6150 for the DAX. It was a great day. Good luck for everyone still trading.

Closed at 6060. May take a short if it gets to around 6120

Wanted just to share 2 trades that I had planned and I left with limit orders while I was sleeping. The first is in US Crude where the market was kind enough to give me back what was lost yesterday. After missing my target for 4 cents I closed it ...

I'm with you. Got stopped out on the Crude trade unfortunately.

I'm newcomer to this thread, hope I'm doing it right Shorted USCrude at 94.5: target @ 93 and 92 SL @ 95

Its starting to look more like a pennant isn't it? Hoping it breaks 1.3850 to the upside. Long from the early visit to 1.3810 SL @ 1.3815

Just risk mode = on.

I think the EUR/USD PA is very confusing these last days. It seems it wants to go lower but just when you think a selloff is come there is always something holding it back. I'm just staying out until it becomes more clear to me what is happening. ...

I am not lawgirl but its definately not the same thing since the bodies of the 1H candle with almost certainly represent a wider range than the open/close of the 4H candle. So if you want to use the 4H you would have to use H/L and not O/C. And it ...

I would think a Stop & Reverse at 9985 could be a good idea. But I'm new around here, just lurking and trying to learn.

But what do you do now that the 5mn closed both below your short entry point and above your buy point?

I am with you. I don't think it worth buying unless GU goes above 1.59 again.

You're trying to catch a falling knife. You can get lucky of course.

Thanks. I took opportunity of the news and closed in profit.

Hello, Been following this thread for a few days. What do you guys think of a short in USDCHF?