DislikedEA short: Taken after clean price rejection at yesterdays HV close and weakness on 15min chart failed test {image}Ignored
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DislikedEA short: Taken after clean price rejection at yesterdays HV close and weakness on 15min chart failed test {image}Ignored
Disliked{quote} I've been staying away from the xxx/jpy pairs for a few days since they took off in an aggressive rally. HVC doesn't do as well in trending markets as it does in ranging markets. Look at your D1/H4 charts and see whats to the left. If you can look back 2-3 months and see nothing, maybe look for something else? EA was the same situation when it was in a free fall a few weeks back. EU/UC/AU plenty of PA to the left. On UJ there was some nice expansion volume on that up thrust from today's Asia session. I would've tried to wait for price to...Ignored
DislikedEnded up taking short on AJ. It's a counter trade so I'm not sure how far I can take this in a retracement. 28 march HVC up bar acted as resistance, yesterday's HVC and today's home session expansion volume all lined up and price showed weakness through upthrusts, I could have entered early. {image}Ignored
DislikedIn USDCAD long. M30 expansion volume seems more supporting price. actually, I fear taking long after a move happens. On a weekly chart price takes out the $ of relative lows of Jan 16 and 23 and heading up, weekly charts show me ranging so I'm assuming price could move to range high. what's ur opinion on this anotan. I'm not that good at reading higher timeframe charts though. {image}Ignored
Dislikedcheers, I took same trade but entered late. still holding it. HV supply hitting the market I'll put stops at BE {image}Ignored
Disliked{quote} You're going to be a professional trader in no time.. The only thing is also right now price is at the low of yesterday's highest volume bar, at least take a partial.Ignored
Disliked{quote} I want to thank you for clearing all my doubts. Still, a long way to go. thanks, Anotan.Ignored
Disliked{quote} You're going to be a professional trader in no time.. The only thing is also right now price is at the low of yesterday's highest volume bar, at least take a partial.Ignored
DislikedWe have CAD news coming out in an hour, going to play the news which means I may get whipsawed out. Weakness turned support and a low volume test. See if I can TP a position at 2630 and hold the other two, lots of strength on UC. {image} Took a bit to move up, not much reaction out of the CAD news, I think the USD news drove it up. Closed a partial at 2615 and moved stops up to 2595, just under the H1 up thrust, trade is close to virtual break even. If you struggle with stop loss placement, look for trapped buyers/sellers. People will always blindly...Ignored
DislikedAJ: not sure in which way it wants to go. HVC from Wednesday looks more resistant to price going up. Looking for shorts next week. Looks like professionals absorbing all the buys coming from that ultra-wide range bar from 05(Tuesday). {image}Ignored