No, this is not a 4h setup, it is just because Dra has a potential target of 178 on the GY and has been saying to short any rallies. So I was just wondering if anyone re-shorted that last jump to 193.50.
Posted below are the possible entries that i'm seeing on my charts. I'm finish trading for the week so i wont be entering any of these. First one is euraud forming a Crown, next is usdchf seems to be forming an EBl at the TL and then usdcad retrace to test TL and more than likely will forms an EBl. These should help answer the questions on the previous page.
UsdCad I was looking for a long. I thought it might make an Engulfing Bull at the time I posted. The EurAud had a tweezer bottom at the time of the other post also but looks to be gone now.
I probably got a little too happy and called it way too soon, but, I like to see them setting up. I'll hold off calling them I think unless they are close to the end of a candle being painted. (I'm used to shorter time frame trading lol)
Juicyt
Can someone give an opinion on chfjpy if that candle finishes the engulfing bear it looks to have?
"Even if you fall down face first, you still went forward."
Here was an entry on the EU, hope yall catch it. I see i'm missing out on alot of good moves today but rules are set to follow. I wont break my own rules.
Here was an entry on the EU, hope yall catch it. I see i'm missing out on alot of good moves today but rules are set to follow. I wont break my own rules.
Dra, was that trade against the trend...plz explain
Ignored
If you should draw an Inner TL you would see that it match out requirements. The inner TL(not shown on my chart) was broken, test and forms the crown. The Long term TL which is bullish is a good distance away, so trading the crown here was a high probability trade.
If you should draw an Inner TL you would see that it match out requirements. The inner TL(not shown on my chart) was broken, test and forms the crown. The Long term TL which is bullish is a good distance away, so trading the crown here was a high probability trade.
Ignored
So much to learn for a thorough analysis...then trade.
Thanks
Ok, look what we have here. The market breaks both inner TLs give us a nice down move/retrace to the outer TL. What we will now do is look for a valid bounce off this TL(outer) to g Long or if a break ocours we wait on the retrace to the backside of the TL then continue selling.
Did I draw my TL a little early again?
I had a tweezer on the usdjpy for my entry and an engulfing bear on chfjpy...
if u r in those two trades, u shd be smilling with about 600pips now. USDJPY signalled with both tweezer/bearish engulfing and chfjpy signalled as u said.
I did enter both but because I couldn't monitor them too well (Australian times so I had to sleep a bit) I basically took all profit on 1 and most on another that I just closed out a little earlier with over 220pips (because I gotta go out for the day). Both very good and I hope not just lucky trades, I hope both setups were valid to the rules.
A real good return on my risk none the less and it is a good feeling waking up and having great profits...
Now all I need is the usdchf to get up there and climb to my t/p.
"Even if you fall down face first, you still went forward."
