Still along the lines of my previous UJ June Outlook Idea... This is a SHORT position I am looking to get into.
Still looking at the Chikun Bones on this one (trying to predict the future) I will be looking for a repeat of price structure as earlier this month. Soon as I get an ENTRY or SELL signal I will go SHORT.
Earlier today on the CPI news I went
SHORT @ 109.72
Trailing STOP LOSS @ 109.10
+62 Pips
I was reading the Chikun Bones on this one too...
s3.amazonaws.com/tradingview/snapshots/2/2z7NOz4Z.png
and after getting stopped out...
Clarification: You can ignore the BUY UJ notes and positions. I was responding to people in chat that were going LONG at all three of the yellow circles and then closing their positions as it fell back down. So I told them if it gets into the green box it would be a good level to LONG from.
Still looking at the Chikun Bones on this one (trying to predict the future) I will be looking for a repeat of price structure as earlier this month. Soon as I get an ENTRY or SELL signal I will go SHORT.
Earlier today on the CPI news I went
SHORT @ 109.72
Trailing STOP LOSS @ 109.10
+62 Pips
I was reading the Chikun Bones on this one too...
s3.amazonaws.com/tradingview/snapshots/2/2z7NOz4Z.png
and after getting stopped out...
Clarification: You can ignore the BUY UJ notes and positions. I was responding to people in chat that were going LONG at all three of the yellow circles and then closing their positions as it fell back down. So I told them if it gets into the green box it would be a good level to LONG from.
Note
Never got the SELL signal I was looking for and it wasn't until earlier this morning I mentioned in chat that we should be shooting out the top of the ascending triangle that was forming on the 15m chart. I missed this as well since I ended up in other positions. :(
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.