PA by Julexo

Hi,

Yesterday bad trade EU -11p, trying 1.2435->1.2446

Today, now GU SELL 1.5810 2/3 closed +12p, rest on BE (picture).
Close SL becouse I see posibility for another leg up.
Still waiting for EU 1.2509...



btw, yesterday i missed 2 perfect trade on AU (was away from desk)



Did u catch these trades ?

I'm always hunting for good levels above crazy pa from FOMC etc as they
provide awesome entries with great R:R even during nutty runs.

AU short at the top of the run from tonight:

Good one xologeis. I too shorted AUD:USD at 1.0510, scalped 10 and when it returned to the zone I shorted again. This time I will hold onto it.

Happy Trades,
fxstir

fomc got it to 2540,and cable to 5865...looking for sell...

sold eu 2540 and gu 5895...

just an opinion on bigger tf...

based on my previous post... i mentioned on post #1734, balance point should be at 1.262x...

so... we are near to this point at this moment..
next, should the price up or down?? lets see the pa goes out..

in my opinion, it should down to 1.219x area to be next balance point...


just my 2 cent...

regards.

Yes, I kept a watchful eye on it and because it was off a level that got hit during FOMC I expected it to drop right away or I would get out.
It did not go anywhere and so I scalped 10/16 pips on each walk down.

With the weak dollar I got the message that it wasn't going down any further right away and so scalped some longs off 1.0494 and 1.0506 a in case we got a run (which we did but I had closed for just over 12 pips just before China did its thing so I missed that nice little shot up to '44.

Nice relaxed (if slow) range scalping and it seems to be stair stepping for more.

Working entries on Aussie for the stop run and failure...

Who's propping it up at 1.0490 ;p

Chip chip chip away at it, lets see if we get some help from the other pairs...

And finally we got through... I've added a fib extension that I hijack for my own
use to show me R:R on trades...

Short at 1.26.. Sl 1.2630 Target 1.2540.

2nd Entry hit the moved TP just before reversing... gotta love those levels ;p
Last entry still sitting pretty let's see what the day brings...

au sell @ 1.0433 (2post), sl @ 1.0613...
target 0.9800...

wish me luck..

regards.

Hi,

SELL 1.2550 (previous demand test - now supply)
2/3 when wi hit ~1.2465

2/3 closed +60p, fast reaction at demand
rest at BE, free run... for ever

SELL 1.2557, very "easy" supply
on BE + few pips...

...next week longs (eu 2430 area,gu 5730 area) would be good,but lets see pa on monday...

eu short @ 1.2518... (2 post).
sl @ 1.2718... tp@ 1.2170..

wish me luck....

from now, i will only take short trade for au n eu for smaller tf...

regards.

2nd time back after that lovely simple long right off the blue line on friday.
Simple is satisfying ;p

Two Trades today:

Euro Long during early London session, came back to good demand, and where where price came from, also hit nicely with TL I have

EG short from the supply on the H1 timeframe, and holding for a few more hours, both positions at breakeven and have taken some off for 2R.

GU moved nicely north but had already had positions on so didnt add risk, it hit the FTB on the D1.

Ill be looking to short Euro higher.