GBPJPY Short term BUYHello Traders!
After a lovely sabbatical, perfecting my art and taking time for myself, I am BACK!
I realised that I have developed a knack for scalping, and so that is where I will focus.
I am expecting:
- Short term JPY weakness
- Short term GBP strength
Once above recent highs, the swing traders are likely to enter for shorts - but we want to be in and out BEFORE the FED rate decision.
The RR is good, news is avoided - Trade safe, and let's make some money!
DrBear
Inandout
NAS100 LONG / BUY LIMIT 13865Nas100 has tested the 14k price again and seems to be retesting. I’ve marked the zone it plans to retest and then potentially progress toward breaking the previous top/resistance toward 14200 area.
I initially thought we would see a clear inverse HNS, but we seemed to have ‘double bottomed’ before making our way up to the breaking point and beyond.
I hope this view helps with your decision on entry. I will be executing a long position in the 13865 area, to TP in the the 14200 zone.
Good luck.