Disliked{quote} Are you using a demo account? Your posts can make other people confused.Ignored
- #127,229
- Edited 12:38am Feb 23, 2021 12:24am | Edited 12:38am
- Joined Sep 2009 | Status: Trader | 6,009 Posts
Just a quick thought but I think it may want to retest the symmetrical trangle it broke out of on the 1h/4h. DXY may want to retest a 4hTL too. So I reckon possibly 30-40 down before back up but not shorting currently, still waiting for that long opp. Between 1.2130-40 would coax me in long
Edit- also seeing a falling wedge on 5m which implies a breakout up way before my target long area
At the start of the week I said- strongly bullish week but I have not managed to get a single buy trade in, the train keeps leaving without me
Edit- also seeing a falling wedge on 5m which implies a breakout up way before my target long area
At the start of the week I said- strongly bullish week but I have not managed to get a single buy trade in, the train keeps leaving without me
Just a quick thought but I think it may want to retest the symmetrical trangle it broke out of on the 1h/4h. DXY may want to retest a 4hTL too. So I reckon possibly 30-40 down before back up but not shorting currently, still waiting for that long opp. Between 1.2130-40 would coax me in long Edit- also seeing a falling wedge on 5m which implies a breakout up way before my target long area At the start of the week I said- strongly bullish week but I have not managed to get a single buy trade in, the train keeps leaving without me
- #127,231
- Edited 3:17am Feb 23, 2021 12:45am | Edited 3:17am
- Joined Oct 2018 | Status: Risk comes from not knowing what to | 2,233 Posts
Risk comes from not knowing what to do
Just a quick thought but I think it may want to retest the symmetrical trangle it broke out of on the 1h/4h. DXY may want to retest a 4hTL too. So I reckon possibly 30-40 down before back up but not shorting currently, still waiting for that long opp. Between 1.2130-40 would coax me in long Edit- also seeing a falling wedge on 5m which implies a breakout up way before my target long area At the start of the week I said- strongly bullish week but I have not managed to get a single buy trade in, the train keeps leaving without me
Good Morning, I am enjoying reading your comments as they completely agree with my analysis, what is your time frame for trading as in how long do you intend to hold them for? I personally enter at traditional scalp with a swing trading target and scale out aggressively and leave very small portions on for the swing target.
