When you feel like you HAVE to trade is when you least should!
- Post #82,161
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- Dec 11, 2019 10:22am Dec 11, 2019 10:22am
- Joined Jan 2019 | Status: Member | 1,174 Posts
- Post #82,162
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- Dec 11, 2019 2:47pm Dec 11, 2019 2:47pm
- Joined Jan 2019 | Status: Member | 1,174 Posts
When you feel like you HAVE to trade is when you least should!
- Post #82,163
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- Dec 11, 2019 5:52pm Dec 11, 2019 5:52pm
- Joined Dec 2008 | Status: Home School Map Maker | 1,186 Posts
Anything is possible. Good luck everyone. 
- Post #82,164
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- Dec 11, 2019 10:46pm Dec 11, 2019 10:46pm
- Joined Jan 2019 | Status: Member | 1,174 Posts
The last Fed statement was on Oct 30. The market shot up a bit as sellers got on board. Then made it's way down and continued to through the next day's news to then go sideways until that Friday when good news came out, and the market made it's way back up hitting the spike area then moving down.. Perhaps history will repeat itself here as well.
When you feel like you HAVE to trade is when you least should!
- Post #82,165
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- Dec 11, 2019 11:09pm Dec 11, 2019 11:09pm
it's going to 106.50. just look at the dollar index, do your studies on that and then pick a cross that catches your eye. the dollar is getting dicked, expect that to continue across the board till the average monthly ranges are met
peace and love
- Post #82,166
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- Dec 11, 2019 11:14pm Dec 11, 2019 11:14pm
here's the dollar index. look how the average monthly range overlaps the yearly open (gold line) at the bottom of the screen. guess where it's going. this shit isn't rocket science. it's a dumbass herd subject to natural laws like every other living creature on this rock.
peace and love
- Post #82,167
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- Dec 12, 2019 1:50am Dec 12, 2019 1:50am
At its best, change itself becomes a lifestyle.
- Post #82,168
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- Dec 12, 2019 9:54am Dec 12, 2019 9:54am
- Joined Mar 2012 | Status: Trader | 10,799 Posts
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- Post #82,169
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- Edited at 10:26am Dec 12, 2019 10:06am | Edited at 10:26am
- Joined Dec 2008 | Status: Home School Map Maker | 1,186 Posts
- Post #82,171
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- Dec 12, 2019 11:25am Dec 12, 2019 11:25am
- Joined Jan 2019 | Status: Member | 1,174 Posts
When you feel like you HAVE to trade is when you least should!
- Post #82,172
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- Dec 12, 2019 2:38pm Dec 12, 2019 2:38pm
- Joined Mar 2012 | Status: Harmonic Trader | 958 Posts
............................Short Area
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.........................................................................................https://www.forexfactory.com/showthread.php?p=12660337#post12660337
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.........................................................................................https://www.forexfactory.com/showthread.php?p=12660337#post12660337
- Post #82,174
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- Dec 12, 2019 4:07pm Dec 12, 2019 4:07pm
- Joined Mar 2016 | Status: Member | 970 Posts
............................Short Area .................................................................
Hey Amir , what happened to your last batch of shorts.? Are you still holding, did you TP ?? Money management is such an issue for traders, I'd really like to see more information on your trade management, especially since it seems you have plenty of followers happy to short when you do ..
Cheers h
For my part I'm currently sidelined.. freight train action in one direction is a little daunting for me to be confident counter trading, though it is always tempting..
- Post #82,175
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- Dec 13, 2019 12:53am Dec 13, 2019 12:53am
- Joined Mar 2016 | Status: Member | 970 Posts
- Post #82,176
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- Dec 13, 2019 2:00am Dec 13, 2019 2:00am
- Joined Dec 2008 | Status: Home School Map Maker | 1,186 Posts
So close But so far away. i could see a dip to 109.50 before 109.70. 
- Post #82,177
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- Edited at 4:50pm Dec 15, 2019 4:33pm | Edited at 4:50pm
- Joined Dec 2015 | Status: Member | 6,320 Posts
Here's my take on the USDJPY from a technical perspective of a swing trader. I am bearish USDJPY although the USDJPY market is still consolidating. On the H4 time frame, price action is presently disposed southwards within the rising wedge (blue) seen on the daily time frame but still located a few pips below the wedge resistance trendline. This is indicative of a potential southward turnaround. But a sell trade is not likely to be feasible without a retest of the 109.540/109.630 horizontal resistance zone (bound by magenta horizontal lines). I am bearish USDJPY.
I may be wrong. Trade safe and prosper.
KP
I may be wrong. Trade safe and prosper.
KP
Do your homework, follow the footprints of smart money
- Post #82,178
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- Dec 17, 2019 5:03pm Dec 17, 2019 5:03pm
- | Joined Oct 2014 | Status: Member | 84 Posts
Longer term daily setup but could be good for a second attempt!
- Post #82,179
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- Edited Dec 18, 2019 12:53am Dec 17, 2019 9:31pm | Edited Dec 18, 2019 12:53am
- Joined Dec 2008 | Status: Home School Map Maker | 1,186 Posts
looks like it wants to challenge the weekly open. We might get something that looks like this. 
Its taking longer than i thought it would. feels like buy limit at 109.20 would get filled for the leg up.
Its taking longer than i thought it would. feels like buy limit at 109.20 would get filled for the leg up.
