Disliked{quote} price went up exactly 29pips and now falling. But gonna wait on this oneIgnored
Avoid what is Strong,Strike at what is Weak
- #85,361
- May 19, 2022 8:53am May 19, 2022 8:53am
- Joined Jan 2018 | Status: Always Learning | 1,188 Posts
Avoid what is Strong,Strike at what is Weak
- #85,362
- May 19, 2022 8:54am May 19, 2022 8:54am
- Joined Jan 2018 | Status: Always Learning | 1,188 Posts
{quote} could have closed the reason for me closing it the way the price moved. it was super quick. closed at -1 instead of +30 . Will wait for reentry
Avoid what is Strong,Strike at what is Weak
- #85,363
- May 19, 2022 9:36am May 19, 2022 9:36am
- Joined Jan 2018 | Status: Always Learning | 1,188 Posts
Avoid what is Strong,Strike at what is Weak
- #85,366
- May 19, 2022 3:42pm May 19, 2022 3:42pm
- Joined Jan 2019 | Status: Trader | 2,656 Posts
{quote} Out of my longs for now. The 4hr to me looks ripe for another push north, but bears are trying to hold the line. My chart shows this being the first time in a long time that we are outside of the trend. We just finished an ABC formation indicative of a wave 4, and looking like a running flat. Considering we have yet to break trend, the higher probability is that we take out this high here for a wave 5. With that said we may be here for a bit in a range between 127 and 131. Not a bad range in my book. 137 looks currently out of range, but...
Long again.
On the higher time frames we have yet to break the second "previous high" we hit on the ride up. For that I feel this to be but a correction. One that has for now turned right on target. On the one above we broke through that support with a huge red candle. Our approach to the second previous high not so much. So I am long.. small Sl. Tp open.
Don't compare your trades to others. Most often the masses are the asses
- #85,367
- May 19, 2022 6:23pm May 19, 2022 6:23pm
- Joined Jan 2019 | Status: Trader | 2,656 Posts
All I am saying is THIS... doesn't look bearish to me. Soldiers usually come in threes. My last bearish thought still on the chart lol
Don't compare your trades to others. Most often the masses are the asses
- #85,370
- May 20, 2022 8:36am May 20, 2022 8:36am
- Joined Dec 2021 | Status: hungry for pizza & burgers | 2,542 Posts
This pair has been very kind to me, the way it never goes flat is awesome. Keep it up
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
- #85,373
- May 20, 2022 9:41am May 20, 2022 9:41am
- Joined Jan 2018 | Status: Always Learning | 1,188 Posts
Avoid what is Strong,Strike at what is Weak
- #85,374
- May 20, 2022 10:55am May 20, 2022 10:55am
- Joined Jan 2019 | Status: Trader | 2,656 Posts
Don't compare your trades to others. Most often the masses are the asses
- #85,375
- May 20, 2022 11:51am May 20, 2022 11:51am
- Joined Mar 2022 | Status: Trader | 2,486 Posts
{quote} it can be flat for months
- #85,377
- May 20, 2022 12:23pm May 20, 2022 12:23pm
- Joined Jan 2019 | Status: Trader | 2,656 Posts
Don't compare your trades to others. Most often the masses are the asses
- #85,379
- May 22, 2022 3:03pm May 22, 2022 3:03pm
- Joined Dec 2015 | Status: Trader | 8,759 Posts
USDJPY price action is sideways on the daily time frame after a bearish rejection of the 130.30/131.63 horizontal resistance area (purple) seen on the weekly time frame. We may see further bullish move to retest a value area before a southward continuation.
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
