Ya, it’s way too small. Looking for trades atm, not a good thing. Luckily my other strategies are working out though.
Thank you West
heck let me buy the whole bar while I’m at it lol
[QUOTE=“Tinagon;641885”]USDJPY DAILY <img src=“301 Moved Permanently”/> i’m newbie but…have anyone see this? do you think like me?[/QUOTE]
Your support and resistance levels look fine however there is no entry signal
Yes the red zone would be a great place to look for a short range trade.
Thanks anc200 and bhops!
so we shouldn’t long for these time?
That is entirely up to you my friend. Price does seem at the bottom of a fairly well defined range I can’t see any PA that would get me in.
The 4 hr in USDJPY is showing signs of an up trend.
Sure but again what Price Action could actually use to get in on?
Nice, good trading, simple and clean. I would have taken profit on GBPCAD by now though.
Cheers
Anyone trading the 8hr pin on EUR/CAD? Pin appears to follow high probability rules, long tail, pin bar bigger than previous 2 candles, with the trend, problem is a bit low against the support turned resistance, any comments?
ummm…
i think it can take a little profit :13:
I am looking at 1.4550 level as first support area.
Some pretty cool price action on the EURCAD, best believe my pending orders are set with the right size of-course! you never know what this bipolar beast might do, wouldn’t want to jump off the balcony hahahaha
Went in last night at the 8hr pin bar that formed do you think it would encounter first support at 1.455?
An interesting situation is developing in EUR/NOK right now. Price is looking to break out of that triangular indecision zone. If 8.4365 will be taken then I guess would be a good place to go long. Opposite, if 8.4138 is taken then shorting possibility, although the space underneath is like 250pips.