I used to be indecisive but now I'm not so sure...
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DislikedUSDCAD looks like H4 is crossing soon both 200 and 633 after 12 just crossed above 36.Ignored
Disliked{quote} I see a conflict with D1 bias which could be going long i.e. the current bar is the Xover bar at point 3, so I am waiting to see where H4 goes in next few bars and probably wait till I see D1 bar close tomorrow before I act on this trade. To paste a chart, I usually copy my chart onto my computer desktop or straight into the clipboard then use the ATTACH FILE commands shown below to attach it appropriately. Screenshot1.png;2146625 {image}Ignored
Disliked{quote} What are you thinking Filipo? Long? I see a similar quandry as USDCAD with the added complexity of a long trend being stopped by HTF resistance but there might be 150-200 pips in this before it gets to the previous D1 swing point? I'm not yet sure what I want to see before I trade this but I do see M5 setting up for a long entry. I am short EURAUD at the moment so AUD is likely to be strengthening given the USDX is still falling.Ignored
Disliked{quote} Yes long, and 150-200 pips will make my day/s on one pair among others The cup-and-handle pattern (on H4) is usually bullish, on the daily we broke the 200EMA upside, 12EMA crossed above 36EMA, long support up-trend line respected... What else? 633EMA standing close to 0.78 approx. being reached by a long-term S/R line... Yes I think I feel comfortable going long.Ignored
Disliked{quote} I see what you are observing except I cannot visualise a cup & handle pattern on H4 (any clues would be appreciated). I am waiting for the M5 setup to happen then will plan to enter longIgnored
Disliked{quote} Filipo - do you enter as the Xover bar is taken out for M5 setup or on this occasion will you prefer to wait until the near term R-Level at 0.7567 gets taken out? Screenshot1.png;2146672 {image}Ignored
Disliked{quote} Damned! How can I copy paste the image directly and not a link? Any idea?Ignored
DislikedHi guys, for what its worth I think aud/usd is a decent call. The bonus of entering asap is the s/l can be tighter. Good luck. {quote} You might be able to take screenshots from your platform. Otherwise you can download a free program called 'greenshot', makes it really easy.Ignored
DislikedHi guys, for what its worth I think aud/usd is a decent call. The bonus of entering asap is the s/l can be tighter...Ignored
Disliked{quote} The tighter SL is always a concern for me - I found the attached article about liquidity pools very interesting. I am kicking myself this morning as I jumped into the AU long trade last night based on the M5 S123 setup rather than wait for price to take out the H4 Xover bar and coupled with a SL that was set too tight (probably similar to what is discussed in the attached article), my trade ended up on the wrong side of the ledger. The result has reinforced some lessons I seem to want to keep learning Article - Liquidity Pools and...Ignored
Disliked{quote} ...If you went long with au then I assume your s/l was under 20 pips, that's not much ... I have trouble with s/ls as well, I like them as far away as possible within reason. I like to feel I'm not given in to the market too easily unless it's a 'smash n grab' a few pips case.Ignored
DislikedUSDCAD looks like H4 is crossing soon both 200 and 633 after 12 just crossed above 36. https://www.tradingview.com/x/UO4yQZV1/Ignored
Disliked{quote} Aussie cup of coffee is getting cold due to Fibonacci 61.8 resistance... but the bulls might not have said their last word, let's see how we are closing the week: {image}Ignored
Disliked{quote} Here is the weekly landscape with next important resistance at 0.77 {image}Ignored