Posted a bit late today. Only because the market absolutely smashed my target when it opened from a pending order. I Couldn't believe it. This is likely because of inflation data coming out in the US
After yesterdays trade falling through in negative territory. The Pound/Yen will continue to rally down into the weekend.
Today I have a buy order on this pair. Institutions may see a buying opportunity if market starts to rally up. If order doesn't execute by 1:30 (UTC+9:30) I will just cancel the order. Feel free to share any suggestions or your trade ideas in the comments and let me know what your thinking. I may be missing something. Thanks DISCLAIMER: THIS IS NOT FINANCIAL...
After being successful in my last London session trade going with the retest break setup instead of my usual fade trade. I am very certain that the Cable is still on the decline. Feel free to share any of your thoughts and potential trades your thinking or taking and also feel free to comment below if you think I am missing something. I am happy to receive...
Did something a bit different today. I saw that the Cable had crossed the box and retested before breaking again. So I took a Short position on this this trade and by looking on how the cable has been performing on the issue of inflation. It looks to be hopefully a good trade DISCLAIMER: THIS ISNT FINANCIAL ADVISE, JUST PERSONAL OPINION AND INDIVIDUAL ANALYSE
Placed an sell stop order for today as we could possibly get another decline in the market The USD is looking to the weaker side DISCLAIMER: THIS IS NOT FINANCIAL ADVISE, JUST PERSONAL OPINION
One of my predictions at the end of this trading week Price should break this support while a pullback should be in play. Looking to take a short position on the biggest red volume bar after the shortest green volume bar Gives me the best chance to be amongst selling pressure DISCLAIMER: THIS IS NOT FINANCIAL ADVISE, JUST PERSONAL OPINION
Looking to take a short position on this pair with price breaking support structure. Entering on pullback as I believe this should push the market lower
Took a while for the fade to happen. None the less, broke down to the downside Great start looking to take target at the end of trading session
As Illustrated below market crossed below Asian range data of last hour of Asian trade. Looked to buy on other side of it taking out other traders stop losses and ride to the upside. Does not work out every time, however with this particular forex pair, there is room for lots of movement and price flux.
Waited for market to close below the Asian Session Range Took a sell position and looked for a 1:1 RR
Market close above and breaks resistance level/range (Asian Session) Take Profit At 30 Pips with a 1:1 RR
Buy Stop After Yesterdays Fakeout. A Win, None The Less. Market To Reverse Short Term To Upside For Today. Stop Below Last Swing Low!
Market broke resistance. Looking to short to the downside on a sell stop.