Thanks OZ.
That 1hr close gave me no direction to enter a short. Off to a friends for Sunday dinner for now...
That 1hr close gave me no direction to enter a short. Off to a friends for Sunday dinner for now...
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DislikedHey Tamkras,
great to see you back!!!
Your charts and explanations are excellent. Thanks a lot for them.
Looking forward to a profitable week!Ignored
Dislikedvow! usd/jpy also bounced off the previous inside bottom. What a beginning of the week!Ignored
DislikedThat was crazy!!! I pulled about 75 pips off the eur/jpy and the gbp/usd on the way down.. i traded on the downtrend of the gbp/usd after it crossed price level and broke trend line... so felt ok about it... don't make it a habit to trade like that, but when since we all had it going up... and it dove... i thought it was going way down...
In anycase, the eur/usd was unaffected...I'm in at 1.3187. It hit the upper t/l previous candle and closed down. I waited for small up movement and entered at beginning of current candle.
1st tp: 1.3160 27 pips above next price level, above the 200, above the lower tl.
2nd tp: 1.3110 77 pips If it breaks the lower tl... this is good and is above the lower price level
s/l: 1.3219Ignored
DislikedDire,
Just curious...wht did you enter a short in the Euro/us if there was no MACD confirmation yet? Of course i am not saying it was a wrong call...so far it is playing very well. I just want to understand and learn.
ThanksIgnored
DislikedThanks for the reply.I only posted because I thought you were busting to trade the pullback.Unless we are on strong support I will not go near it.I think we are in for a great week. All the best.Ignored
DislikedPicture perfect trade in my book. RB and bounce off the 89 sma with the trend. Why can't they all be like this. I entered at 1.3152 (bounce of the 89 sma). S/L below the 89sma and trend line on the 4 hour 1.3122. Exited 50% at the 21 ema (4 hr) 1.3192. Move 50% to B/E. Going againt the rules and holding over the weekend.
JimIgnored