if price action respects the daily demand zone we can start looking for longs on smaller time frames
looking for buy signals in the green zone
AUDJPY just respected a weekly dememand zone and is looking to make a move higher, also the RSI made a higher low compared to the price action which put in a lower low. DISCLAIMER: PERSONAL SPECULATION
Shorting rallies all the way down to 1.34
AUDJPY just respected a weekly demand zone and to top it off we have a RSI divergence.
Decided to put on this morning trades last night so I could sleep in a little xD
Decided to put on this morning trades last night so I could sleep in a little xD
I took profit on my last short at 1.19383 and it was good for about 75 pips. Had another short limit order set to catch the bounce and it filled at 1.2001 around 5:02 am. Woke up 30 pips in the green :D
Showcase of a day trading opportunity I was able to capitalize on, can't get enough of the forex market!
6 Days Later andCurrently up about 80 pips. Anybody else short EUR/USD?