Nice Set up to grab some pips. TP can be at 0.9330
im more concerned about SL actually any ideas…?! )))
i still think JPY pairs are gonna drop. I already shared my chfjpy setup which im still in. Let the market be upon us, brother!
i know i shouldnt be taking usd trades just before the elections, but this is so tempting that im gonna share it with you guys. So im mostly short XxXUSD pairs, not because im expecting USD rally, its just how technicals behave. GBPUSD is not an exception. So there goes my GBPUSD H4 setup - short on pullback:
(ps: i hope you like my new template - easy on eyes)
eurusd can kiss byebye - so much for ‘oversold’ lol))
USD and Yen getting more stronger. xxxUSD and Yen pairs may aim for new lows. USDxxx pairs targeting further highs.
What you think guys… ?
I expect the pair to range for some time.
yea i have 4 Xjpy short 1 eurusd(holdning from 1.297) short 1 audcad short and 1 usdchf short(looks like im gonna stopped out as i write lol). it was a new reaction it should cool down now and i dont expect any volatility until elections. altho im taking trades i strictly advise against it. wait until elections are over.
@bhuruhan i like the trade. but itll range for a while and tight stoploss is not suitable for such market conditions.
NZDJPY short at 66.17, SL 66.77 (Candle High), TP 65.01
Decided to take this cross with most of the majors testing their trendlines support.
All the best guys, Cheers! Merrymaker
(Thread # 294)
Hi Merry maker,
I did the same. Short at 66.17 stop 66.80
tgt 65.10
Guess I am leaving a little on the table if my tgt is hit.
Best of luck mate
DD
hi,
i have a similar one but larger stop (above Asian session high)!
good luck!
i cant believe im still in with 8pip stop loss hurrayy!!!
UPDATE: 25pips up so far target 12750
Not yet, maybe after the close of this 4hour bar and if the highs of this bar are broken… But surely this is a place to take signals from, price is sitting on the weekly pivot which is 0.8237…
out eurusd short from 1.28004 for 17pips. Holding short from 1.2790 and will add at pullback around 1.2880 with 60pip stop most likely.