Sells, based on higher timeframe analysis.
Needs to hold this support to go higher...
I am now swing trading again. I will be posting medium to long term trades mostly since I have everything setup.
Buy upon confirms of support on lower timeframes
Based off the higher timeframes, 1:1 RR, but safe.
Await confirms ALWAYS, and use in conjunction with your own analysis.
USDJPY has broken a minor resistance, showing the JPY pairs want to go up. EURUSD is in a range but ready to break up, so EJ will rise faster than UJ... WAIT FOR THE BREAK AND RETEST.
Same as GBPCAD posted before, USD news, expect some buyers on USD to leave positions depending on the news, if that happens we'll go on a run here to the upside...
Here we have GBPCAD buys. Looking across the board at the pound pairs, we are at support and doesn't make sense to go lower since we've consolidated for days with no real change in brexit news. There is crude oil news out at 3PM today so stops will be rolled to breakeven in anticipation if we're in profits... Technically, we are at a LL on the weekly and daily, we...
USDJPY buys at support, EJ&GJ at their respective supports and if EU&GU are going down, the dollar is the best buy versus the yen...
GBPCAD buys, crude oil down, ranging chart with GBP pairs at support, catch the momentum rather than hoping for the bounce