Hey guys... today and last night were lessons learned... i sat on the sidelines while all you guys made tons of pips by playing the signal while I was afraid of the news even though it would not have taken a signifgant s/l at all to take the trades..... Oh well.. next time I'll just keep a tight s/l and trust in the system
In anycase... the usd/jpy is up against an upper trend line forming a channel, but is also right above a trend line that formed a horzontal cone/triangle, along with the price level of 118 providing support. My thinking is that we'll see a round top pretty soon, but wanted to know what others are seeing. Tail up previous candle, are we seeing a nested doll too??? The one hour is off limits cause it's a CT , but also signals a short coming with tails and bearish engulf and is also in between tl's.
Anyone else seeing anything for confirmation on short? or confirmation to stay away?
Ps... the eur/usd is at the lower channel trendline on my chart too.... with long signals coming? Thoughts?
In anycase... the usd/jpy is up against an upper trend line forming a channel, but is also right above a trend line that formed a horzontal cone/triangle, along with the price level of 118 providing support. My thinking is that we'll see a round top pretty soon, but wanted to know what others are seeing. Tail up previous candle, are we seeing a nested doll too??? The one hour is off limits cause it's a CT , but also signals a short coming with tails and bearish engulf and is also in between tl's.
Anyone else seeing anything for confirmation on short? or confirmation to stay away?
Ps... the eur/usd is at the lower channel trendline on my chart too.... with long signals coming? Thoughts?
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