the AUDCHF long trade of the previous monday resulted in aloss of 50 pips, subsequently, i have removed that pair from my trading radar..didn't like the lackluster price action.
...as for the BuyStop Order of the AUDUSD, i lowered that long entry as price formed new signals. i'm long currently at a lower price than a week ago when i first entered that order, see weekly chart below, but i'm not in the clear yet although all 3 long entries are in the green, also see the 2xDaily charts below of the NZDUSD & EURUSD.
...these 3 long trades are basically counter to the longer Term weekly trend which still firmly points down.
...the reason i'm still holding is that the last Daily Price Action of Friday formed very Bullish bars on all 3 instruments which is announcing higher prices to follow.
...keeping a watch on the 4hr charts which are even now suggesting that shorts are in order.
note: the USDCAD is suggesting the exact opposite of the above.
...as for the BuyStop Order of the AUDUSD, i lowered that long entry as price formed new signals. i'm long currently at a lower price than a week ago when i first entered that order, see weekly chart below, but i'm not in the clear yet although all 3 long entries are in the green, also see the 2xDaily charts below of the NZDUSD & EURUSD.
...these 3 long trades are basically counter to the longer Term weekly trend which still firmly points down.
...the reason i'm still holding is that the last Daily Price Action of Friday formed very Bullish bars on all 3 instruments which is announcing higher prices to follow.
...keeping a watch on the 4hr charts which are even now suggesting that shorts are in order.
note: the USDCAD is suggesting the exact opposite of the above.