Hello to all,
I just want to know if anyone took the short position of either G/U or E/U last week. There was a candlestick signal to go short.
Also, I have some questions. Taking correlations into consideration, how do we choose which one to trade if we see these pairs above give VWB signals to trade? Do we trade them both or just choose one pair? USDCHF and USDJPY also gave buy signals, so we have four signals from VWB. I entered short on EurUsd because of the DBHLC and was stopped out at B/E on last Friday. Enterred short again after the price action after the NFP. Had I entered short on G/U I would still be on the trade because last Friday's price action did not reach my "would be" short entry and thus I will not be stopped out of the trade. I know this would be a very nice problem to have; choosing which pair to trade. All inputs from the more experienced traders will greatly help. Many thanks and happy trading.
I just want to know if anyone took the short position of either G/U or E/U last week. There was a candlestick signal to go short.
Also, I have some questions. Taking correlations into consideration, how do we choose which one to trade if we see these pairs above give VWB signals to trade? Do we trade them both or just choose one pair? USDCHF and USDJPY also gave buy signals, so we have four signals from VWB. I entered short on EurUsd because of the DBHLC and was stopped out at B/E on last Friday. Enterred short again after the price action after the NFP. Had I entered short on G/U I would still be on the trade because last Friday's price action did not reach my "would be" short entry and thus I will not be stopped out of the trade. I know this would be a very nice problem to have; choosing which pair to trade. All inputs from the more experienced traders will greatly help. Many thanks and happy trading.