fyi
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DislikedI could be wrong about falling.. R/R wise. A fall from 0587 to 1/2 of the low about 1.0350. Is 1.0468ish. The risk could be calculated for a stop loss. In a percentage of the reward. If the reward is 118 pips. 10 to 25% of the reward seems like a good risk. Its not just you. You are betting with the smart guys, trading for the hedge funds. Your price here, is better than theirs. This is not a bad place to use your usual indis. Not what I wrote. Just a place to see if your normal trading methods, want you to short. Those could have confluence with...Ignored
DislikedI could be wrong about falling.. R/R wise. A fall from 0587 to 1/2 of the low about 1.0350. Is 1.0468ish. The risk could be calculated for a stop loss. In a percentage of the reward. If the reward is 118 pips. 10 to 25% of the reward seems like a good risk. Its not just you. You are betting with the smart guys, trading for the hedge funds. Your price here, is better than theirs. This is not a bad place to use your usual indis. Not what I wrote. Just a place to see if your normal trading methods, want you to short. Those could have confluence with...Ignored
DislikedI don't trade JPY pairs.. if you want.. here is CITI call Citi || going short EURJPY We are going short EURJPY at 142,55 with a minimum target of 137.85-138.20 and a possible extension towards the 200-day MA at 132.54. We are using 20% of capital with a stop loss at 144.30 On the EURJPY chart we have seen o A potential double top form o A shorter term double top complete o A very clear evening star formation complete o A small bounce back today holding good ST resistanceIgnored
Disliked{quote} I only trade Eur.. maybe gold.. stay away from others.. plenty money can be made by just focusing one or two pairs.Ignored
DislikedIt into 4h R, its into day R 0594, its into week R 0610, Its into 0835.5 Mid (blue line), If it runs past these. Using this with the short bias of COT. Bulls don't seem to care. But its here, and only time can answer now. If it don't swing down from here (box), I'm wrong. {image}Ignored
Disliked{quote} Closed 0576 with 10 pips loss. It closed 12h above 0571. It may continue to rise some. This week is Q end.Ignored
Disliked{quote} I have 0629, 0642, 0651 above as R. Day close above 0651 and maybe 0642 can open doors for 0699/0716. 0410 is still on the cards. Volatile... It can go either way from here. atm, bulls have the upper hand but they can be stopped around 0642/51. If it drop now, 0571 may support.Ignored