This is great and very generous. Nice music too!
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DislikedHi Pira,
EUR/CHF - A couple of problems here... the first is that we don't have very much historical data of price in this area and as such s/r areas are harder to spot. I don't actually see a setup there... if you could post a chart it would help. If I had traded from that sort of area I would have looked to move my stop to BE if price struggled at 1.3500 (big round number)... as it happens it broke through pretty well but the shooting star that formed on Friday would have given me enough concern to move my stop to BE.
EUR/USD - I am short...Ignored
DislikedAnyone going long here? meets all my criteria to go long, but Euro is getting smashed on many Euro pairs, so am thinking might be a pause to a further down move.Ignored
I'd be curious to hear what Dan has to say as he entered a short at the break of the OB (outside bar...or engulfing candle) 2 days ago and should be up by about 240 pips right now.
I suppose if Dan would agree to the long, he'd want to see a candle formation complete first. Yesterday's D1 candle was nothing more than a weak spinning top and nothing necessarily to trade off of. Today's candle is still forming.
Today is Thanksgiving and historically TG is not a good ay to trade as it produces erratic and unpredictable PA. Actually, from here on out till the New Year is not the best time to be trading and entering the market in the normal fashion expecting normal swings and PA.
Kind Regards,
Neo
DislikedI can confirm what NeoRio has said - if we had a strong, bullish candlestick pattern in this area I would consider a buyIgnored
DislikedIn the case of the Euro price has broken down below key s/r at 1.3750 which also invalidates the latest swing low.Ignored
Dislikedhi dan
what do you think about this BUOB? it's off a support zone and with the trend.
it's running into a trendline and some resistance zones, would you wait to see how price reacts a bit further up or would you take it?
thanks,
pIgnored
DislikedHi NaughtyPip, I too have been keeping my eye on the NU and waiting for the new D1 candle to form to see if we'd get a candlestick formation that we could go long off of. I didn't include the NU in my last analysis video because it got too long, so I just made a dedicated short (less than 3 minutes) video for the NU to comment on your setup which I also have been watching for some time.
NU Analysis.
Kind Regards
NeoIgnored