DislikedI wanted to go short at 81.80 (the blue arrow), but was late just like the setup on AU. I placed a buy pending order at 80.90 (the red arrow), but missed it by 2.6 pips.Ignored
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DislikedI wanted to go short at 81.80 (the blue arrow), but was late just like the setup on AU. I placed a buy pending order at 80.90 (the red arrow), but missed it by 2.6 pips.Ignored
DislikedTook a partial loss on NJ trade.
I was looking at the daily BEOB and taking a retracement trade at the level marked (note I use the BEOB as signal for directional bias and don't trade them outright).
My entry went just below the level marked @ 66.41 with a SL @ 66.71 which to me made sense in that price shouldn't go above to this price area if this level is likely to hold as resistance.
After we got the initial reaction I decided to move my SL down to 66.64 - although it is essentially a 1HR/4HR TF setup I considered (given the reaction...Ignored
Dislikedim in that trade,entry:66.53,SL:67.05.
watching Gchf closely 1.4586-1.46 range potential BO,
also keeping an eye on NCAd 0.82 BO(waiting for a daily close here).Ignored
DislikedI managed to take this one myself - exactly same setup as the two in the previous post.
Some profit taken will see what can get out of the remainder.Ignored
DislikedIn this setup at the moment, some profit taken at an FLR and seeing if can get a runner on the remainder - a choppy sideways moving pair and the market has been lacking momentum since yesterday but we do have S&P confluence.Ignored
DislikedI have shorted AU at 1.0400. It retests the daily UTL that was broken, aslo with confluence of the previous daily close (1.0385). SL @ 1.0430, TP1 @ 1.0360 and TP1 @ 1.0330.
Any comments?
SangIgnored
DislikedOut of UCAD now and straight into GU looking for a quick return to the bar highs below.Ignored
DislikedNice trade, LJ.
I was watching the same thing, but hesitated to enter because I was not sure where to put my SL. I still think 1.5970-85 level is much stronger than the level where you shorted.
SangIgnored
DislikedIt's certainly an important daily level for AU. It's not one I would be taking a trade off myself without further confluence because the S/R zone is just not clear enough for me - I prefer precise HTF S/R's that look good on the 1HR or 4HR TF. I'm not a massive user of TL's either and prefer other additional confluence.
Price is certainly doing battle within the zone marked on my chart - this is where the decision was made to break below the daily level you mentioned last time out.Ignored
DislikedMy SL went @ 1.5979.
Why do you think the higher level is stronger?Ignored
DislikedI have shorted AU at 1.0400. It retests the daily UTL that was broken, aslo with confluence of the previous daily close (1.0385). SL @ 1.0430, TP1 @ 1.0360 and TP1 @ 1.0330.
Any comments?
SangIgnored
DislikedBecause of the previous daily close (1.5971) on March 26. The point A on my chart is IMHO where the S/D imbalance started. FIB 62% is also at 1.5970ish.
SangIgnored
DislikedI closed one lot at 1.0370 (changed TP1 from 1.0360 to 1.0370 based on M15). The SL of the remaining one lot is still at 1.0430. Looks like the whole trade will be BE.Ignored
DislikedGCHF is definitely a nice looking range to be watching. NCAD not so much now.
Plenty of other ranges out there at the moment, here are two more I'm watching. Gold is being constrained by the range and TL, it certainly looks like it's getting ready for a move.Ignored