I have been following this thread for a little while and I am trying to implement it, but it is not working out.
Can please anyone help me out?
Can please anyone help me out?
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DislikedGBPAUD Short Trade Open: This is my third pair involving AUD, which has another high impact release coming in about 4 hours. I read the declining highs on this chart as bearish, and the bottoms as the MMs supporting the price to keep it in a range they have been using to build short. That was my take, and so I have entered short here. No TP, SL at this time. {image}Ignored
DislikedGBPJPY Long Trade Open: Bigger position closed, 223 pips total gain, opened smaller on retrace. {image}Ignored
DislikedGBPAUD I don't think this is through dropping. Looking to see how high this retrace goes. Back up to the previous support at the upper whole number, maybe? {image}Ignored
DislikedGBPAUD I don't think this is through dropping. Looking to see how high this retrace goes. Back up to the previous support at the upper whole number, maybe? {image}Ignored
DislikedAUDJPY Long Trade Open: MMs did whack it (see previous post on this one). {image}Ignored
DislikedAUDUSD Long Trade Open: I have taken a position in the consolidation area below the half number. I cannot know how the MMs will move price, but from the study of PA my guess is the times price has been in this area of late it has been because SM placed long orders there and the MMs took the price there to fill the orders. And this leads me to suspect the MMs might also take the price even lower as a stop hunt on the SM long orders they filled. Can't know that either, but in the case of this trade, should price get seriously whacked, I plan to add...Ignored