2Greedy
Yen will get stronger AT LEAST until the FOMC on Wed. I am a staunch believer that currently Yen is undervalued, therefore I am short from 122.1 ish give or take a few pips and will add when it breaks the red line and then add bigger positions on the pullbacks. Good luck! *If you need help with actual numbers just comment and I will reply when I have time*
Beautiful PA on this chart and EG as well. No better time for shorters to enter. High RR means I am not too worried about losing this trade if it doesnt go my way. But if i got it right then i will be very happy. I also drew a smaller fib which is where I will have my tp1 at the 618 retrace on the smaller retrace. Coming back to reality...there is a very high...
50MA has been holding it up for a while and it is in a nice bearish channel. Wait for break of 50 MA to enter, if it retests I will add a bigger position
Looking for just a quick scalp, i put a sl for all my lovely fans that will ask where a good spot for sl would be. Im kinda running without stops cuz ive been short for a while (pre-china dump) if TL holds and price closes below major priceline then we should see much much much lower levels
This is a bit riskier long since i saw the bottom but had no margin to get in till i closed some positions I will slowly add longs starting here should make it past previous high
Well we see the channel in EA has been very helpful cuz its been stuck in this thing forever I feel pretty comfortable longing every time it touches the bottom of this channel with an end goal at the .618 fib I would say this is a pretty good RR. *I put up a long and short because my broker allows me to hedge the same pair, so if ur broker doesnt allow that...
A bunch of long orders should be somewhere within the green box. This is along with a convergence of the moving averages and the blue trendline of goos support that price has respected, although feebly... I would like to enter once price leaves the green box but will have to see what candles say at the time. If candle has a long wick into the box but closes...
Good convergence going on and a cross of MA's would allow me to add a bigger position. This is my outlook for EJ, good setup with a relatively tight sl left one is tp1 and right is tp2. This is a long term play so this is more attractive to those with bigger accounts.
just made a bunch of money \:D/ I just shorted at 95.90 like i said i would in chat. Should make another cup thing by the end of the week, but smaller than the previous two. Looking for it to go up into the sky like a rocket ship, but there is all the possibility that it will tank becuz dis is forex!!! I stopped paying attention to chart 24/7 and nowadays just...
I have been long since the green box so some of you may not feel comfortable in this trade. If you look left you will see the same buying bias humps. I will look to add to longs at the red lines. You should be able to understand my reasoning from my fibs and arrows by now. If you have any questions about where my tp and sl is just PM me. This should be an easy...
Great set up on the daily. Perfect inside candle on the daily and played out just as I had expected. Also, lower highs and lower lows = downtrend. This will be cemented with the rejection of the 200MA which happened on the previous candle. No better time to short for me, also this lets me put a tight stop. Tuesday should be the day where many pips are made...
Dont trade swiss much after SNB, but this set up is too hard to let go. Bias is to short These are my thoughts