Lost on this trade, buyers came in aggressive, it touched my stop loss which was less than 1% because I moved it after price went down. Losses are part of the game, I will keep looking for the next trade.
GBP/JPY tested previous lower low or last support, right now it's doing a pullback, don't see a lot of bullish volume, I expect price to do one of these two price action, I can be wrong, let's see what happens.
It broke last higher low very impulsively, I will be patient with this one. Have a good one!
It touched take profit, following my plan, being patient and having solid Risk Management. Looking for the next opportunity, i hope you all are having a great week trading. Take care!
USD/CAD hit my take profit, it did exactly as I predicted. I will be looking for the next idea. The most important thing is Risk Management.
Eur/Jpy just broke previous structure support and ascending trend line, creating a new lower low, waiting for a pullback.
I think we will see a strong breakout to the Downside on USD/CAD, since I'm watching Buyers no longer having so much strength to the upside, let's see what happens.
Waiting to see if USD/CAD breaks support on 1.3948.I'm currently short in the moment, moved my stop loss above previous lower high, and now I'm expecting price to break support, and hit one of the fibonacci extension levels. If it doesn't break support, then price is likely going to break resistance, and it will be a change in trend, just my opinion. We'll see...
usd/jpy just made a new lower low, now it has retraced back to 100% fib, waiting to see 1h moving averages crossed to sell.
Waiting to see if Aud/Cad could break from this consolidation to the upside. The bearish engulfing at resistance does not change my bias, I'm still long on this pair. I will wait on my buying setup to occur, being patient is key.
waiting if USD/Jpy wants to test the last lower low, right now is respecting a menor support, we'll see what happens.
Watching Eur/Usd at that strong support level, 38.2 fib with structure support on the past. waiting on sellers exhaustion and a cross from moving averages on 1h.
Watching aud/usd if it pulls back to my red zone. resistance area, would like to see rsi overbought, and buyers exhaustion.