Well this is the 1500th reply… May minstrels sing of my name for generations to come
Yes 1500th reply and 1501st post…:57:
Good… A witness to my legendary conquest.
This legendary performance will be included in the next edition of Encyclopedia.
Be sure to submit this likeness of me in the entry…
Definitely.
Back to the thread.
Another formation on GBPUSD for an interesting breakout. My bias are Bearish.
Here is my 8th trade for the month.
Shorted GBPNZD at a previous area of resistance.
BIJOY
Stopped Out -80 pips
Congrats on ur 1500 post
i am hapy to be associated to this Trade Journal
one again congrats BIJOJ
Congrats bijoy for 1500 post , keep rocking
CadJpy on the 4hour Time frame almost similar to CADJPY WEEKLY.
wILL IT BREAKTRU OR NOT
WHAT ARE UR VIEWS
CHEERS
Now the pair is in a range between 94.50 and 93.50 . But a close above 95.00 can bring tremendous long opportunities. Waiting to go long on 4 hour candle close above 95.00 aiming 98.50. Also will short the pair on a candle close below 93.00. Target will be 91.00
Here is the 9th trade for the month
A Buy stop on AUDCHF expecting a bounce from the bottom of rising channel
BIJOY
Here is the 10th trade for the month
A Buy stop on USDCHF expecting a bounce from the rising trend line
BIJOY
I can see u trading channel on H4 but did u consider a very strong resistance on daily. daily has already bounced of that resistance. thats my take about the pair. hopefully ur trade works well for u.
That was the reason behind to place a buy stop order in stead market order at the trend line. If the daily resistance is strong enough, then the price will break through the trend line without triggering my order.