DislikedPA has been corrective since mid Dec and impulsive since beginning of March. I wouldn't be too quick to say down ... yet. See what develops after NFP at least.Ignored
I'm scaling shorts back in now.
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DislikedPA has been corrective since mid Dec and impulsive since beginning of March. I wouldn't be too quick to say down ... yet. See what develops after NFP at least.Ignored
Disliked{quote} I called it short some time ago now and have scaled and added since...Chart attached from earlier this year with very clear arrow targeting my take profit target. I'm scaling shorts back in now. {image}Ignored
Disliked{quote} That's a rather risky assessment. The only thing that can give a sell in the short term is bad nfp or wage growth, or, some event that gives a risk off sentiment. There will be profit taking but not to the levels you are looking atIgnored
Disliked{quote} are you holding ur shorts from 117 and still adding without close on last low ? or this is fresh shorts from 115 ( now ) ? i just wondering ... on the edge of nfp and rate hike , anything could happen , waiting for trump twitter for early hint like on ADP Non-Farm Employment Change , free pipsIgnored
Disliked{quote} I trade into larger swings and scale in and out en route - I don't attempt to call exact price turning points but allow myself a little more flexibility once I have the direction nailed down. With regards to NFP..I fail to see what all the fuss is with it nowadays..years back I saw NFP trigger moves that would make your toes curl..Nowadays its rather dull.Ignored
DislikedYou've misquoted me - I never wrote it was unimportant. In all the years I've traded, NFP has always been the big calendar grabber - but in more recent years it has been a non-event on the whole. Anyway. I've got work to do. Wish you all well with your trading.Ignored
Disliked{quote} I trade into larger swings and scale in and out en route - I don't attempt to call exact price turning points but allow myself a little more flexibility once I have the direction nailed down. With regards to NFP..I fail to see what all the fuss is with it nowadays..years back I saw NFP trigger moves that would make your toes curl..Nowadays its rather dull.Ignored
Disliked{quote} I called it short some time ago now and have scaled and added since...Ignored
Disliked{quote} So far its slopped around about 40 pips in the 30 mins since the release... proving my point - NFP is a lot of hype nowadays. Going back a few years I've seen it move currencies 100's of pips in less than 5mins. Technically a lot of sellers were awaiting the gap fill..Ignored