Disliked1.0050
Would you guys consider this level again if/when it comes back?
I would trade it ......Ignored
Greetings, BeLikewater
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Disliked1.0050
Would you guys consider this level again if/when it comes back?
I would trade it ......Ignored
DislikedI've still got gaps on the AUDUSD and NZDUSD.
Aussie attached...
Wondered why it bounced off the 9780 level and didn't got for the close.
I'm with AxiTrader. Does anyone else still have an open gap?Ignored
Disliked**There will be some money to be made off the recent support busts if we can get a solid 1hr close below (see eur/usd & eur/jpy) in the next few minutes. In addition, if aussie closes below the 1hr supt, I will be looking to see the remaining gap closed as per discussions above**
GL everyone, lets wrap up May with some good moves.Ignored
DislikedSam: Thanks for the reply regarding the gap data. Does Oanda put weekend bars on the chart?
Re: Gaps
I never caught TDs webinar on gap trading so I pretty much play them looking at SNR levels. I've also noted for the "big" gaps (discretion required as to what is big) to look for a cross-bar entry e.g. look for interaction with SNR or SFP etc. and not to enter straight away. I also (if possible) manage risk by ensuring my longs for gap match a short in another pair with a gap e.g. this week I traded USDCHF to match against AUDUSD....Ignored
DislikedThe big one I think you mentioned is that the UCHF gap had closed (along with most other major pairs) but Aussie still had not. This is a red flag to me...not saying that it won't close but that it probably won't close right away. One must think logically...if most other Xcountry/usd has closed their gaps but aus/usd & nzd/usd have not...it's probably going to be awhile.Ignored
DislikedYes, I would go long USD/CAD in that area, but only if there is an SFP of the previous major swing low at 1.0054.Ignored
DislikedThanks BadgerMatt, wasn't sure if that swing was significant to play a SFP.
Did anyone get in on the EUR/JPY break and retest trade? My limit order missed it by 4 pips.Ignored
DislikedThanks BadgerMatt, wasn't sure if that swing was significant to play a SFP.
Did anyone get in on the EUR/JPY break and retest trade? My limit order missed it by 4 pips.Ignored
DislikedYeah.. I got it.
Entered: 99.44
Set target: 98.48 (but may close at the high of 13/1/2012 - 98.79. first high in the FTA).
Anyone else in this trade care to share their TP?Ignored
DislikedDescending wedge/spider on NZDUSD .... sell on a break of 0.7586.
Possibly wait for re-test.
Target the gap.
I'm uncertain about it - so its very unlikely I will trade it.Ignored
DislikedAh shucks ... peer pressure
Now that everything has started moving I'm in.Ignored