Unless GJ breaks 159.23 and closes a 1 hour candle above it, the uptrend for this week should have been over around here.
still holding the longs with stops.
still holding the longs with stops.
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DislikedI will just post 2 things here:
- Never follow the trend, the trend is not your friend, follow the trend to get axed badly. The trend begins when the pros have already made their move, by the time you decide to enter, they are already planning to book profits.
- Always trade based on expected reversal levels, look beyond just mere charts and indicators, you should know why the forex market moves the way it does, what affects the moves directly.
Ignored
DislikedUnless GJ breaks 159.23 and closes a 1 hour candle above it, the uptrend for this week should have been over around here.
still holding the longs with stops.Ignored
Dislikedmy fresh long entries are on 159.28 major support.
for intra day my target would be 160.78 long term 162.69Ignored
Now
Now, if this happens and 150.13 level does provide support, GJ will get into a possible monthly uptrend extending to over 5 to 15 years.
Lets take this one level at a time.
Quoting TakisdDislikedOk.
So heres a bit more of the plan.......Ignored
so this gives us a better insight into what the market sentiment is, where we are going.
The 500 pip jump was clearer on 5 min, long before it started,
wish i had seen this before, i should never ignore such stupid things in future.
Read your own charts ...........
DislikedFirst possible trade this week
- if 157.55 holds as resistance then 155.91
- if that also breaks then max down this week is 153.24 / 152.07
Read your own charts ...........
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DislikedFirst possible trade this week
- if 157.55 holds as resistance then 155.91
- if that also breaks then max down this week is 153.24 / 152.07
Read your own charts ...........
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then plan a new trade for more later.
Disliked
- Always lock in your profits,
- you never know where it turns,
- there is nothing called fixed trend in forex.
- grab your pips and run
then plan a new trade for more later.
- I made the mistake once to consider a trend as guaranteed trend and paid heavily for it,
- no more, now I just run with as much as I can collect in a single thrust.
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DislikedThis is a beast I would never consider shorting... not in this uptrend!Ignored
so what are we left with then
range trading a flat gj. 157.55 to 155.91