my strategy says no short until break of the blue median line (@yellow) and good close below it
...........but that's just my style
.
...........but that's just my style
Trading For Those Who Have A Day Job 28 replies
Trading For Those Who Have A Day Job 0 replies
DislikedI got stopped out@BE on EURCHF from +70...
still in USDCHF short[+40]Ignored
DislikedOlu, UCh240
good close (@1600GMT) below that red line = short signal for me 0.9530ish
TP 0.9400ish
but dont quote me .Ignored
DislikedI have been keeping an eye on AUDUSD and have previously thought the dailies were showing somewhat bearish based on 3 peaks with bearish divergence on MACD. Obviously AUD is strong again today but wonder if it will simply retest highs and then suffer a significant correction.
However I notice although flat topped it does have higher lows and so forming a wedge pattern (?) that perhaps signifies a potential breakout North?
Interested to get your views as you guys seem to provide some good analysis. I also work 9-5 although am my own boss so can...Ignored
DislikedI'm long biased on AUDUSD now cos of the following:
Price closed above Weekly pivot [1.0057 area] and monthly pivot [1.0030 area]
May put a pending long around 1.0155 with [email protected],1.0280,1.0380Ignored
DislikedI agree the aud is bullish as I discussed above. But I dont feel like chasing it here. Hope the trade goes well. Check out the nzd strength as well. I am looking at euraud short.
To keep the discussion separate so that I can find it later I will put it on a new entryIgnored
DislikedFind uploaded a daily chart of the euraud.
Price in a strong downtrend
Price is under the 100sma -bearish
daily Stoch has turned down -bearish
weekly stoch has turned down - double bearish
Price has broken below support line - bearish
Selling this pair is attesting to the premise that the aussie will outperform the euro as we go on...Ignored
DislikedIgnored