DislikedSeeking, just checked Traex's thread, excellent ideas there, lots of good stuff. I could not find any matches with my entries, on the contray I saw discussion to short usd/cad - I am going the opposite direction today (plus 20 pips as of now).
Other open trades:
- long usd/chf (up 37 pips, 10 pips protected)
- short eur/usd (up 12 pips, 1 pip protected).
So, I guess this is off the cards... Good luck.Ignored
Nice call and nice strategy! Speaking of USD/CHF, we have had a not so perfect PIN on the 28th. Then the two bars from 29th and 30th formed a DBLHC in james16 terminology around 1.1985 support zone. Dollar seems getting stronger here.
On other hand, the latest COT report shows that commercials are extreamly long on EUR and extreamly short on JPY. Does that mean that both EUR/USD and USD/JPY are going higher in coming weeks? Or JPY crosses are bullish again?
Thanks to CateFul for setting up this thread!