Long from 1.32679, already +10 and a good stop set since taking the screen shot ..
This morning's run up was nice for some pips, but I've been waiting since the 'consolidation' area for a move down to see how this reacts to the lows. Good rejection after picking up orders breaking all the previous lows, entering into the buying area I've had going since the 4 hour chart posted last week. I don't think it will survive too many hits now though, so unless this move gives a very good move up to make new highs then I suspect this zone will get taken out and 1.324 ish will become a good place to look for longs again (this iwll clear orders below and be entering the "highs" range from end of December)
This buying zone, and any retrace near it, has resulted in pops up each time, but the most recent pop has not been too strong and this down move today has been very hard. It may be they are gunning for it now but stop losses in place, order taken.
edit1: Target1 reached, got 92ish, stop tightened just below the low
edit2: Set stop to 1.3284
edit3: All out at 1.3306, this thing has just pushed up and up and volume has dried up .. I'd expect a test lower, before this really makes any more highs. I'll wait for dips, buy them as usual.
This morning's run up was nice for some pips, but I've been waiting since the 'consolidation' area for a move down to see how this reacts to the lows. Good rejection after picking up orders breaking all the previous lows, entering into the buying area I've had going since the 4 hour chart posted last week. I don't think it will survive too many hits now though, so unless this move gives a very good move up to make new highs then I suspect this zone will get taken out and 1.324 ish will become a good place to look for longs again (this iwll clear orders below and be entering the "highs" range from end of December)
This buying zone, and any retrace near it, has resulted in pops up each time, but the most recent pop has not been too strong and this down move today has been very hard. It may be they are gunning for it now but stop losses in place, order taken.
edit1: Target1 reached, got 92ish, stop tightened just below the low
edit2: Set stop to 1.3284
edit3: All out at 1.3306, this thing has just pushed up and up and volume has dried up .. I'd expect a test lower, before this really makes any more highs. I'll wait for dips, buy them as usual.