AUDCHF [M15 - MML] Potential short {image} Masterrmind...........
{quote} AUDCHF Looking for price to drive up closer to the +2/8 MML. Max SL will be 50% of the octave gap above the +2/8 MML if the short is taken. This will reduce the $ loss on the trade if stop out occurs. NY soon to kick off so lets see if we can get into the short at a better price. Masterrmind.............
{quote} AUDCHF [M15 - MML] {image} Notice how I almost always wait for price to come to me on my terms before entering a trade. It can still be a loser but at least I had price come to me and not me chase price ... that would be a fools game. Not convinced yet that I will short this pair but lets see. Note pips moved compared to the ADR ... What does this mean ? Masterrmind.............
{quote} AUDCHF [M15 - MML] {image} Now short. Risk <1%. Masterrmind...........
{quote} Ok guys closed out for a few pips profit. Time to rest unfortunately and any pair with a C in it doesn't get left alone so closing it is the only option. For those in the trade I suggest trailing it closely and lock in at BE + a few pips as soon as you can. Plenty more opportunities tomorrow but I'll try to nail a good trade earlier in the day if possible to give it enough time to generate a bunch of pips. Masterrmind............
{quote} Got this little tiddlier on my line for the 3rd time, could have landed him yesterday afternoon for 35/40 pips but thinking I might have something larger on the hook got stopped out for B/E, so off we go again, only got mental targets and stops at present but B/E at worst his fixed in my head again, Target ? {image}
GBPJPY [M15 - MML] Not the cleanest looking PA. News not that far away. {image} Good idea to have a few pairs on the radar. Searching is now in progress. Masterrmind.........
{quote} Hanging on in Boss and GN mentioned {image} {image}
{quote} Yes and GBP retail sales due out in less than half an hour. I will do my best to avoid the direct news impact trades as it can set a bad example for new traders in my opinion. GN on the D1 Quad entry is one I might look to trade but the risk is a possible reversal back up to the tops so I'm being patient. Masterrmind.........
GU after news release. {image} GN after the news release {image} On fire. Masterrmind............
{quote} FAKE NEWS !!!!! ha ha ha
USDJPY [M15 Chart] {image} {image} {image} {image} We wait and see how price reacts near the completion of the harmonic move. If price keeps dropping we simply do not engage. Masterrmind............
{quote} 1/1 completion seems completed... {image}
