Give you two kind of trading: scalping
between Balance level=130.60 till Top=131.95 and Down=131.05 Swing trading Balance Level=131.13 till Top=132.45 and Down=130.55
you have to know how to open hedge position on balance levels or forget this way of trading
Hi
Please, don't send PM about any info. about A/U and some of traders over there, it's better you post directly on this thread if you are honest
Some of traders over there just know F of forex nothing more, better considering their analysis during last weeks (it's clear and loud)
But your question about A/U as this is a Daily for E/J
By the way, in the bigger picture the trend of this pair is down (You missed strong level for opening sell position and must wait for better entry) and you have to consider the swing between 0.9405 till 0.9599
My first target has been touched (0.9551) the 2nd is 0.9485
Hi Please, don't send PM about any info. about A/U and some of traders over there, it's better you post directly on this thread if you are honest Some of traders over there just know F of forex nothing more, better considering their analysis during last weeks (it's clear and loud) But your question about A/U as this is a Daily for E/J By the way, in the bigger picture the trend of this pair is down (You missed strong level for opening sell position and must wait for better entry) and you have to consider the swing between 0.9405 till 0.9599 My first...
Ignored
As i've told you all, Aussi' down Trend, now you must get enough of this trend till now.Traders who want to trade on EJ today
For EJ must wait , get back daily resistance and then open Short Position
{quote} As i've told you all, Aussi' down Trend, now you must get enough of this trend till now.Traders who want to trade on EJ today For EJ must wait , get back daily resistance and then open Short Position
Ignored
Hope you have entered the level i have suggested and now get acceptable profit
Have a nice weekend
Kami
Dominant Trend is clearly Down but it needs momentum to touch 124.75 though,
If 129.07 breaks it touches 130.50 the balance level and awaiting it gets back down towards strong Support
Hello Thanks for chart Doing ninja mode in an trades on each wave Are you saying a bounce up 129 etc ,before lower levels are hit we have not had retrace yet
Ignored
It depends on your trading style
if you are hourly trader or scalping trader, this view doesn't acceptable for U, but if you consider longer term of trading you know that pair needs momentum to go to new area of swing ( 124.70--- 129.35) for next week
Rising Wedge P..I believe this area will be hardly Support due to the last month low..Already buying 127.49-127.90 area with SL @ 10 pips below last low..Targeting 131.xx n above..Im catching the knife wth bare hand..Dont do this at home..
For those who are trading on this pair this week
Should wait it gets to this area 126.95/127.06 then after H4 opening below the close of last candle open Short position for 124.45
