While we wait eternally ...
Once arrived at the 1H ceiling, sell or buy, that is the question so many ways to approach it, even though it is just up or down.
One thing is certain, if it wasn't for the higher volatile nature of the too recent down moves and the still unchallenged momentum from the 3H to weekly, I would have definitely kept my long open and attacked that ceiling for a good intraday move with a tight stop.
We could still have the big retracement right now. But for my strategies with my future longs(more than scalps), for now, I still have to wait for breaks of 1360-1390 levels and see hints that they become support. These levels are declining with time. We'll see, perhaps we will not even get there soon !
No matter what happens, we do our best to take advantage of it, and we don't mind breaking our necks from time to time, as long as we've got our pain meds(MM) . Maybe better to use the 'break a few eggs to make an omelet' metaphor and stay away from pain
SL now 3 pips, moved at BE if 1322 hit, where the reaction will be crucial in determining TP
I am with you now Yves, all the way !!!
Once arrived at the 1H ceiling, sell or buy, that is the question so many ways to approach it, even though it is just up or down.
One thing is certain, if it wasn't for the higher volatile nature of the too recent down moves and the still unchallenged momentum from the 3H to weekly, I would have definitely kept my long open and attacked that ceiling for a good intraday move with a tight stop.
We could still have the big retracement right now. But for my strategies with my future longs(more than scalps), for now, I still have to wait for breaks of 1360-1390 levels and see hints that they become support. These levels are declining with time. We'll see, perhaps we will not even get there soon !
No matter what happens, we do our best to take advantage of it, and we don't mind breaking our necks from time to time, as long as we've got our pain meds(MM) . Maybe better to use the 'break a few eggs to make an omelet' metaphor and stay away from pain
I am with you now Yves, all the way !!!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
2