I am actively searching for the top. I know it's sometimes not the wisest way to trade. I missed out on the overnight push higher (sleeping) and most of today (working). It's times like this that I wish I could trade full time with my eyes glued to the screen. I'm thinking of actually quitting spot forex altogether and just focusing on currency options. Swing trading seems better suited to my personality and schedule, and I already trade options on stocks with good success. I miss out on way too many intraday opportunities, but seem to be good at forecasting swing direction. That way I could continue to participate on the EURUSD and be unaffected by the short-term noise; as lately I've noticed my timing is going to shit and I get stopped out too often. Perhaps I'll give it some greater thought in the near future.
Anyway, I have a sell limit set at 2242, which may or may not get triggered during the Asian session. Been looking into a lot of Wyckoff material lately, and it's fascinating stuff. I understand a lot of it, but it's not firmly within my grasp yet. If I were to hazard a guess I'd say we're at or approaching the UTAD on the H4. Perhaps somebody more schooled in Wyckoffian can confirm or correct me.
Anyway, I have a sell limit set at 2242, which may or may not get triggered during the Asian session. Been looking into a lot of Wyckoff material lately, and it's fascinating stuff. I understand a lot of it, but it's not firmly within my grasp yet. If I were to hazard a guess I'd say we're at or approaching the UTAD on the H4. Perhaps somebody more schooled in Wyckoffian can confirm or correct me.