uJ plan here. I am on a buy that is v close to Sl but from this analysis it seems like I was 1 leg too early. Bit unfortunate.
Simple UJ idea. Price broke montly bull line and is now moving bearish. TP at that green and then we re-assess the market and wait for the next opportunity. Price might still have an overall bullish nature
Counter trend trading baby! again, quite dodgy but I thought I might be able to skim off a couple of pips with this one. Already won the week so a bit dodge in that sense too. Gona move to risk free ealier than 35 pips hopefully.
adding to my position. extremely tight stoploss, so 'm not sure if that will lower the likelihood of it being a winning trade. there is a serious monthly trendline that I think will break, but in all honesty, I Probably should have waited a litle longer foronfirmation of the break. Right now I just jumped in at a time where price hasnt decided if it will respect...
Adding to my position. I miht have been a tad early but whatver. I think if you watch the charts like a hawk you p get in too early quite often lol. Sl is pretty big so IDK if i want it that big. Might try and move it up after a bit of price action but apart from that. Gonna see how she sits
Cheeky buy. 2/2/22 at 3pm. Price tapping the weekly -61.8. tretracement and i'm hoping for price to make a weekly higher high after tapping. roughly 1:6RR. There is no bulish weekly trend but i'm making a presumption that this is the beginning of the weekly trendline. Trying to follow rules. This is the first trade after drpping Eu. I did a few hours of...
Eu sell again. To be brutally honest, It probably wasnt an incredible idea to sell EU as I did some backtesting and my first 6 or so trades didn't go wel at all. So in all honesty, I probably should have spent more time backtesting EU before I entered anoher position. I backtested 15 positions so if this trade was to go my way, that would definitelybe the reson for it
EU sell. Purpple is m high n low. Blue is weekly hi and l. Price seems like it has more to go on the bearish side. Going to let her run if that's what she wants to do. Right now might be breaking v early weekly bull line. Weekly/monthly bear line is far off, Not sure if price will pullback to those before contiuing the leg down.
ahain showing the drawdown I had with this pair. Frankly, that was a shit entry, and even shittier risk reward, like this was not an ideal trade whatsoever. Not that impressed with this choice I have to say. It seems quite beta. I entered the sell at 1.13. price is hovering around 1.132. that means If i went for numbers theory 1 highr than what my choice was, I...
Price was showing some signs of breaking. I bought around 5pm on the monday. I didn't really want to post this but I am posting it because I am always in a drawdown for nearly every trade so far, maybe there is a way for me to enter with less drawdown, possibly looking into the smaller timeframes. But i'm not quite sure yet. Either way. I would have to look into...
EU sel failed. The monthy bull trendline was too strog and the steep weekly bear line has just broke. First TP is 1.4. Well se how she went. last positio went risk free but with the last position I took 2 positions at the same time, which was not smart at all. Either way, we wil see how this one does!
Price on the monthly line, I'm confident price will want to retest that weekly bear line and then if she breaks that line, we are in fr a nice run. Not sure if now is the time for that weekly break, but at east I will be risk free when she is testing. Again, SL is according to structure so it is slightly less than 35pips
Pretty clear what you can see here. She nearly broke the weekly line but didnt and I guessed a nice lil 15min trendline was gonna break before the wekly sell line did. Only 15pips till the monthly line so that's a problem when it comes to going risk free, but i'm looking for a -27% of monthly so well see. A problem is that i took EU and UJ at the exact same time...
so the usd jpy was the finviz strongst and weakest pair last week. Yen was the strongest and the dollar was the weakest. I did my analysis and I am Bullish on the USD and bearish on the Yen. DID the weekly and monthly markup and time will tell if my analysis is correct. I want to be in the trade already, but in all honesty, JPY could spike somewhere and i'd have...
Another sell on the Euro Dollar. A bit of a sticky one becasue i'm not quite sure if i'm supposed to be compounding my trade. As in, I am already risk free, and now each lower high, although it looks like a nice entry for compounding, cold just as easily become a double top or a haigher high. That is why i'm moderately skeptical. Risking.5 % for 1.5% on this...
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Selll on EU is ripening. All skeptical. What I should Idealy do is try to find out if anone else is looking at the sell at the same time as me. That would be ideal. Because I have no ideal if i'll be right, but if a Bunch of good traders are on a sell at the same time, that ght increases the confidence I have in making the right decision. Also might be a good idea...
Stillbearish on EU. No point in looking for entry for another few days at the esry least. Must wait for some abnormality in the market and then the move downwards may commence. It is also important to wait till volume has picked up. If ther is no volume, thee is no room to earn, only room to lose.