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However, i see that the Daily, especially, is very much "oversold" according to my system, so i'll monitor this pair in the Daily and Hourly for a ''snap-back" long intra-day trade.
PS: just pocked a long scalp of 8 pips off the 1 min chart.
DislikedHi Traders,
This thread seems very quiet, ok ok read dead... Today i've traded the USD/JPY long, yesterday i traded the same pair, USD/JPY, short, the day before i traded the AUD/USD long, it all depends which price action on the intra-day charts appeals to me.
here is my reading of the charts:
[list][*]Daily Trend is Down,[*][color=Blue][color=Red][b]Daily...Ignored
DislikedHi Traders,
This thread seems very quiet, ok ok read dead... Today i've traded the USD/JPY long, yesterday i traded the same pair, USD/JPY, short, the day before i traded the AUD/USD long, it all depends which price action on the intra-day charts appeals to me.
here is my reading of the charts:
[list][*]Daily Trend is Down,[*][color=Blue][color=Red][b]Daily...Ignored
Pak Tiger,
you may be a little too early i think, but then again, if you know what you're doing then go for it.
DislikedHello X.Oden,
if you please, can you tell me:
- why you went short in the 1st place,
- your timeframe or charts you were looking at when you went short,
- how do you sleep at night...
- all the questions above is friendly,
Pak Tiger,
you may be a little too early i think, but then again, if you know what you're doing then go for it.Ignored
Disliked1H there is a hammer or doji forming...signal for the bottom in the downtrendIgnored
DislikedPak Tiger,
so far so good for that long...
PS: how did your other long USD/JPY trades from earlier the day played out?
Ignored