Well, I have taken the short on EUR/JPY looking to get out at 12,508.
We will see...
We will see...
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Selling USD and YEN is a no brainer. 12 replies
DislikedI'm unsure of what to do with this NZD/USD short trade now. I scaled in, once at 1.52 and another at 1.5215. Nice hourly close (possible reversal candle, yes) and am now sitting with 1 position at B/E and another at -17. Was looking to see more movement before the NYC market close.
Thoughts?Ignored
DislikedEvening everyone...what levels are we watching tonight?
I have my eye the EUR/USD 1.30 resistance level...I'm trying to see some sort of reliable support but am not.
GBP/USD, watching resistance at 1.3985-1.40
I'll try and get some charts up in a bit.
Anyone else?Ignored
Dislikedgbpusd looks a little top heavy at that 980 area so I closed my trade for 75 pips, and will now look at a pull back to 904 to take another buy. If it does go over 980 I will see if it looks like holding there before looking for a buy. Better to keep the sure profit while it is deciding direction. I dont feel like taking any sells on this tonight. Does anyone else have an opinion.AttachmentIgnored
DislikedRed Cabbage. Can I ask you what you think about trading on a Friday. I know there is a lot of things going on before the weekends. Do you think it affects the S/R we use because if the S/R does not work well, neither do I as I can pick the lines well, not the fundamentalsIgnored
DislikedI'm learning from scratch. I was watching the price action at a level that I had marked at 1.4033 (ODL prices). I have seen a lot in this thread about PA and I want to learn how to interpret what I see.
Can anyone offer their thoughts on what I was seeing on the 5M chart a little while ago please?Ignored