Price action a dead give away once again... USD might be running out of steam on the DXY... might be some good shorts coming?
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Exotics (USD/TRY, USD/ZAR, USD/MXN, and others)
- #1,242
- Nov 13, 2018 2:07pm Nov 13, 2018 2:07pm
- Joined Sep 2013 | Status: Trader | 25,137 Posts
this one was a bit of a sitting duck wasnt it ! {image}
well done
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- #1,245
- Nov 13, 2018 5:20pm Nov 13, 2018 5:20pm
- Joined Sep 2013 | Status: Trader | 25,137 Posts
TP hit both UZ and UT +2000 pips (aggregate) each... Price action is king...
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- #1,246
- Edited 1:52am Nov 14, 2018 1:21am | Edited 1:52am
- Joined Nov 2017 | Status: Rebarkable | 1,428 Posts
- #1,247
- Nov 14, 2018 3:04am Nov 14, 2018 3:04am
XAUEUR
Bearish on Weekly, very good point to short if not for the current weekly/daily Support Zone. If the latter zone you deem unimportant , then it is tradable. I myself reluctant to short it although of the obvious bearishness and the triple candlestick formation that ended last week.
H4 chart is in clear downtrend but again the weekly/daily "support"
Bearish on Weekly, very good point to short if not for the current weekly/daily Support Zone. If the latter zone you deem unimportant , then it is tradable. I myself reluctant to short it although of the obvious bearishness and the triple candlestick formation that ended last week.
H4 chart is in clear downtrend but again the weekly/daily "support"
- #1,248
- Nov 14, 2018 3:45am Nov 14, 2018 3:45am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
XAUEUR Bearish on Weekly, very good point to short if not for the current weekly/daily Support Zone. If the latter zone you deem unimportant , then it is tradable. I myself reluctant to short it although of the obvious bearishness and the triple candlestick formation that ended last week. H4 chart is in clear downtrend but again the weekly/daily "support"
- #1,254
- Nov 14, 2018 2:28pm Nov 14, 2018 2:28pm
- Joined Sep 2013 | Status: Trader | 25,137 Posts
that was a great 60 minutes of trading 6.30 to 7.30am mxn, try, zar all sells 
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- #1,255
- Edited 3:52pm Nov 14, 2018 3:18pm | Edited 3:52pm
- Joined Sep 2013 | Status: Trader | 25,137 Posts
movement every where just loving it even gbp retrace
i am out now with that last win going to watch it though anything can happen
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- #1,256
- Nov 14, 2018 5:26pm Nov 14, 2018 5:26pm
XAUUSD
Conflicting TFS
On Weekly, Price foud resistance at 38.2 fib. Now it is holding on the TL and is showing bullishness.
On Daily, we have a bullish triple formation candlestick (Morning Star).
On H4, there are two scenarios. Either you want to ride the short bullish momentum and buy on corrections to the Support Zone or you dismiss longs and wait for a break south and a retest which will not come soon.
Conflicting TFS
On Weekly, Price foud resistance at 38.2 fib. Now it is holding on the TL and is showing bullishness.
On Daily, we have a bullish triple formation candlestick (Morning Star).
On H4, there are two scenarios. Either you want to ride the short bullish momentum and buy on corrections to the Support Zone or you dismiss longs and wait for a break south and a retest which will not come soon.
- #1,257
- Edited 7:54pm Nov 14, 2018 7:40pm | Edited 7:54pm
- Joined Sep 2013 | Status: Trader | 25,137 Posts
trade set up chasing the retrace
i could be wrong
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- #1,260
- Nov 15, 2018 1:31am Nov 15, 2018 1:31am
- Joined Sep 2013 | Status: Trader | 25,137 Posts
well it happened again like this morning on try mxn zar
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