Is the bear trend over ? Looks supported around 3.08 neighbourhood. I am longing as per rules in my trading plan. If pattern works out well, I hope to hold till December expiry --- 14/12/2016 weekly
FMI Dominant Bull leg = Im Bullish bias for Dollar, long term monthly
Trading as per plan A trader can have all the opinions he or she wants – but what matters are only the order that are entered.
I'm targeting 105 But well --- I can change ma mind anytime :joy:
I'll update when I'm ready to short. ____________________________________________________________________________________________________________________________________________________ Im currently doing trading, full time for a living. And would like you to share inHG my private funds managment. If you have capital of not less than $50 000USD. You can...
240minutes 6days continuation rectangle
We can see a relentless selling , purely from the bars. Also, the last rally, though strong, is basically a leg in a TR . Such legs often look like they gonna break out but they dont. Worthy of note here, however, is the 50MA. This is how we tackled it last week ---Sept12 - Sept16 : GBPCAD: - #1. Relax, and make money! s3.amazonaws.com #2. Roughly 1hr...
Summary of trade plan: Selling a decisive BO below 1.76111 Buying a decisive BO above 1.79731 WEEKLY fell hard, following success of a 3yr-old H&S bottom. DB with prior head....??? 'Like' to follow progress
Buy trades have been placed in the PBZ, awaiting fill. Stoploss = SX low could be reached but this does not invalidate the setup. Now, whilst the setup remains valid, a new stoploss would be assessed and trades retaken upon activation and the unfortunate stopout of current pending orders.
Like I keep saying - my goal of trading is to make money. If yours is to seek audience -- go ahead! Im shorting this based on my trading plan. Stick to yours! :raised_hands:
I'll look to sell Next on my list Will update when I'm ready to go in.
What do you see...??? Use your sixth sense. Too much talking ain't good. Trade! The bouncing ball analogy
Analysis on chart Doing this chart, as an update to the chart below, a month ago...... Action plan: - Selling the breakout of the Neckline OR Buying the Breakout of the right shoulder = HnS Failure
Yes. Im short. And I risked my "I dont care fixed dollar loss" ____________________________________________________________________________________________________________________________________________________ Im currently doing trading, full time for a living. And would like you to share in my private funds managment. If you have capital of not less than...