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I think your ES trade was a good one. It had support. You clearly identified your risk...AND stuck to it. That's how to take a loss. Perfect.
Next one is yours.
Dog walking...back in a while.Ignored
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Disliked
I think your ES trade was a good one. It had support. You clearly identified your risk...AND stuck to it. That's how to take a loss. Perfect.
Next one is yours.
Dog walking...back in a while.Ignored
DislikedIgnored
DislikedSweet views, brother.
They don't always play out, though. Have seen a few people (some you know) calling divergence for a good few days on EU. First it was H1...
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It was there...but came undone, pretty quick. Now H4...maybe it will play out...
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Time will tell.
Only a game of probabilities. Many things to weigh up. We really only know if the analysis we put our weight ($) behind was right...after its played out (or not) and the pips are in the bank (or not).
Nice...Ignored
Dislikedlol, there is a reason why we are seeing divergences..
4H are my favorites..
as you mentioned.. Yes.. EUR building up on News, makes higher highs, but leaving no tracks in the snow.. [ninja move]
The speed we are seeing EUR advance is not supported with amount of ticks for PA to support that move. in 90% we are going to see a reversal..
4H divergences are great.. but trading them always at the lower TF is the way to go..
as you mentioned earlier, with calculated risk.. Divergence is the path, Direction, but the timing when to trigger is...Ignored
DislikedGoing to approach RBA decision on the side of market expectations of a 0.25% cut. Therefore...have cancelled all EA short and AU long Pending Orders....
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Leaving EA Buy PO's in place in case I get picked up amongst some volatility...same for Short AU's.
Will obviously manually intervene if need be. If no rate cut...immediately canceling PO's and going short EA, long AU.
That's the plan, anyway. Just trying to rehearse it in my head.Ignored
DislikedThe (real) move can be delayed if we get the expected cut. Most of the expectations are already digested and IMO will only add fuel to the main move across the board later this week. Not trading the announcement but my call is no cut....
Gl
sisseIgnored
DislikedYep...well said.
There's definitely pips about...I can smell them. Just have to be patient, nimble and stealthy like a ninja!Ignored
DislikedGoing to approach RBA decision on the side of market expectations of a 0.25% cut. Therefore...have cancelled all EA short and AU long Pending Orders....
Attachment
Leaving EA Buy PO's in place in case I get picked up amongst some volatility...same for Short AU's.
Will obviously manually intervene if need be. If no rate cut...immediately canceling PO's and going short EA, long AU.
That's the plan, anyway. Just trying to rehearse it in my head.Ignored
Dislikedyup.. it is interesting setup like in chess... many [IF's] and [BUT's]
Looking at daily, we are testing the resistance.. [circle].. However, we may spike above, on news.. but to invalidate the 4h bearish Divergence, we need a close above the TL.. some strong event, News and a "sound" move.. otherwise.. the charts, as set now.. are sweet.. for a nice down move..
let see mate..Ignored