Also, on Tuesday night I took an AUDJPY after seeing price break last week’s VA, and retest it during Tuesday's U.S. session. Price was also above 120EMA and last week’s high. TP at 81.000 and closed a quick +2.11%.
For currencies I like to swing trade using market profile. I look at weekly periods, and trade according to previous week's value area. The 1hr 120EMA, which measures 120 1hr candles or 7 day's worth of candles.
For currencies I like to swing trade using market profile. I look at weekly periods, and trade according to previous week's value area. The 1hr 120EMA, which measures 120 1hr candles or 7 day's worth of candles.
2