Nice short opp on EU. I'm in! near HAPPS mid level btw which adds extra concluence.
I attach a lot more trust to these types of setups on the longer TF's....
I attach a lot more trust to these types of setups on the longer TF's....
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DislikedI closed the last part of my GZ trade +305. I'm not taking the bounce again on this fib fan.
I think I'm done trading this week. Honestly I'm up almost 8% on my account between these two big positions. I'm a bit worn out so likely to make mistakes. Don't over-trade, protect your profits.
-GL AllIgnored
Dislikedmate great work!! also well done on decision to quit while ahead. separates the winners from losers imo!! have a great weekend with the family!!
GazIgnored
DislikedHi Gaz,
Thanks very much, I wish you a happy weekend also.
I do have a bit of analysis on the EU. Interesting picture, basically a flag within a flag, but only one of them can be true (although both of them can be false, possibly).
This recent bull forming the C point on the larger H4 flag does itself have a decent 5 count top. Once that LTL is broken then that will become invalid, and its an easy sell down to the lower red SD zone, where its a very easy buy. That potential long at around 3298 is the best looking trade in the lot.
Even though...Ignored
Dislikednice charts mate, i'm with your second one. potential to fall further tho imo. if this does bounce off resistance, )basically where we are now, then i will look to TP at last low (3143ish) and then 1.29 (near weekly low of 2873ish)....Ignored
Dislikednice charts mate, i'm with your second one. potential to fall further tho imo. if this does bounce off resistance, )basically where we are now, then i will look to TP at last low (3143ish) and then 1.29 (near weekly low of 2873ish)....Ignored
DislikedHmm, I guess we'll have to agree to disagree on that one. I mean of course the potential is there. But that bull at 3300 looks very technically strong and probable to me, assuming price were to fall off down towards it soon enough to keep that confluence in tact with the lower zone.
Guess we'll see.
-CheersIgnored
DislikedSorry I screwed up that target. Its 3580, a little below the upper mid. I'm not saying it has to go there, but that's the technical target for the flag.Ignored
Dislikednice one mate. NFP days are always very screwy aren't they! I thought it would print negative....anyways!!Ignored