that s what i see, for me to look to buy i d need the absolute low to be tested and high vol(preferably climactic) kicking in, to signal accumulation not redistribution, so far mostly weakness, no reason to look to buy. imo that is
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Dislikedi think it s setting up for another push lower. might take another short since i know now some of u have ur stops there ready for grabsIgnored
Dislikedi think it s setting up for another push lower. might take another short since i know now some of u have ur stops there ready for grabsIgnored
Disliked{quote} I can just send you the cash if you want.......cut out the middle manIgnored
Disliked{quote} let us know when u want to start selling so we can start buying just kidding re entered short GU.. looking great so far, nice down bars on low vol, meaning lack of buyers imo. if this trade hits TP without scalling out i m done trading for the week. {image}Ignored
Disliked{quote} are you sure mate? ... wish you all the best ... if i lose dont worry i have a great MM which cause me trading with peace of mind ...Ignored
Dislikedi think it s setting up for another push lower. might take another short since i know now some of u have ur stops there ready for grabs i see high vol leading to lower prices and low vol pullback, if i get another SOW around that area of confluence will sell it down to hrly support. hopefully i m wrong so that Cyber can make some cash as well ?) {image}Ignored
Disliked{quote} Its a really nice short. Im sure you already noticed price has been bouncing off the NFP close for the past 2 days. Edit.. I didn't realize Paul had already posted this chart. That will teach me to read the posts in reverse. {image}Ignored
Disliked{quote} are you sure mate? ... wish you all the best ... if i lose dont worry i have a great MM which cause me trading with peace of mind ...Ignored
DislikedGave in to impatience and took a long on EJ. Test after 2bar reversal. Lets see if it can get through the high of the buying climax I just noticed. {image}Ignored
Disliked{quote} I really like this trade. EJ can be tough to trade, the pair can go either way on which HVC it likes to use between Asia and Euro sessions. But using Asia as its home session, price pushed up and through the HVC with healthy volume and you went long as price came down to test the HVC. If you want to take the trend trading approach, I'd argue that the trend was up since price was above its home session close. {image}Ignored
Disliked{quote} I really like this trade. EJ can be tough to trade, the pair can go either way on which HVC it likes to use between Asia and Euro sessions. But using Asia as its home session, price pushed up and through the HVC with healthy volume and you went long as price came down to test the HVC. If you want to take the trend trading approach, I'd argue that the trend was up since price was above its home session close. {image}Ignored
Disliked{quote} Do you count the quote/2nd currency for the home session mate? I.E EJ's home session would be Asian GU home session would be US etcIgnored
DislikedMore of the same on AUDCAD.. I didn't do as well as EJ or GU, I just set pending orders for the NFP close. Didn't feel like baby sitting charts. But to borrow a phrase from Pres78. Day in and day out. {image}Ignored