DislikedNu seems pretty content on hitting 7000...
I've also hopped on Nzd/Chf.
The NZD/CHF Weekly is progressing nicely so far.
Why "forex" and not "futures" ? 1 reply
Do you move your SL to BE once price reaches the FTA?Ignored
DislikedGhous, I saw yesterday evening you discussed going short on the NZDUSD due to the fact it looked like it wanted to go to .7000. Did you short this, and if so was it based on a P/A bar, or was it just based on your knowledge of S/R and your beliefs on the strong move down.
Did you go long on the NZDUSD at the .7000 level expecting a bounce? I was going to set this up, but I believed the move down was too strong to just bounce. Stupid of me, being it was early Monday, there is often low volume and a strong move is not so "strong".Ignored
Dislikedhey Tj yes I shorted Nu based of the pin bar as per ET3. (look for my earlier posts on the trade and it's management)
I was expecting trouble at the 0.7, I had my stop just above the last low price made before it hit 0.7 and I've just logged in to see I've been stopped out for +0.8R.
DislikedOh, you were already short from last week on a trade I passed on due to it being Friday and the distance of the EMA's.
I gotcha. My bad, I was thinking you go Short on the open of Monday.
Good work Ghous, impressive!Ignored
DislikedAgreed 150%. Thanks for starting the thread Ghous, brilliant material brother. I'm testing through a few of your entry setups now and wow, great work my man. I appreciate you sharing all of this, that's for sure!Ignored
DislikedHi ghous. Made my way over from your PF journal. Are you going to maintain both or do you think you'll migrate most of your matl over here?
I think I'm going to demo the weekly Euro I posted on the pf. Going to put in an order on the retrace of the BEB to the BRN at about 1.2960 with a S/L above the neighboring bar at 1.3370. Tightens the S/L and gives some room to manage if it does trigger. We'll see how she goes.Ignored