[QUOTE=“emeraldorc;633712”]FxPro EURUSD h1 ctHnn | cTrader <img src=“301 Moved Permanently”/> Did close my AU trade by the way before that almighty fly, guess you were right swallow on your long. Short EU at the New York Close on H1 set up. See the diverging volume and higher highs very close to the resistance level. took 34 pips (1.3664 entry) but I think it is a retrace on the 200EMA could be wrong… the market was not interested in that rate cut for now. All eyes on those US jobs figures. You just have to trust the Euro does not do the expected. I am definitely sitting tight in view of a mixed week. Have a good weekend![/QUOTE]
I see the PVSHs in your 1hr chart setup gave a nice entry. Be very very nimble in the next hour as NFP will be released and the madness aka stop hunting will follow
[QUOTE=“BankDaPips;634292”]Short AJ h4 11% Short NJ daily 11%[/QUOTE]
Nice NJ setup at 11%
I’m still waiting on AJ 4hr close below PVSH for confirmation.
Hey swallowtail,
A very restful weekend indeed! I see the over that you’re watching. AJ had also returned to the 11% of that large daily swing so using that and h4 as confirmation.
[QUOTE=“BankDaPips;634334”] Hey swallowtail, A very restful weekend indeed! I see the over that you’re watching. AJ had also returned to the 11% of that large daily swing so using that and h4 as confirmation.[/QUOTE]
Hi guys, keep GJ under your radar over the next few days. Potentially looks good for a short.
Bank, in this scenario, would you favor a close below the 11%, then you enter on a retest of the 11%? Or do you just enter at the 11% level once a daily chaos fractal is formed?
Hi swallow, sorry for the delayed response. I was on the road. Both of these entries are good swallow. Given the current scenario on the daily chart, entry with another close below the 11% would be a good trade as well as waiting for a retrace. Either way is good.
[QUOTE=“BankDaPips;634462”] Hi swallow, sorry for the delayed response. I was on the road. Both of these entries are good swallow. Given the current scenario on the daily chart, entry with another close below the 11% would be a good trade as well as waiting for a retrace. Either way is good.[/QUOTE]
Hi guys looking to get filled at 1.6786 to go higher. Buying volume seems to be centered around these lows. Market is held up at 1.6720 by that buying volume. Also major Fib level. Hopefully volatility does not crash my stop.
My GU trade got stopped at break even thanks to my advanced protection system to break even my trades after a certain point because I nearly got whipsawed but manage a nice swing on AU filled at 0.9382 short hit target 0.9359. I was eyeing that swing trade since yesterday. Fib Confluence and volume showed seller interest
Has been a great day all in all. Looking forward to tomorrow.
Bank that AJ trade you have on with the simple 2 bar method looks promising. AJ broke to the downside on 4hr chart, nice bearish engulfing candle too. I’m stalking a PVSH setup.
Fib confluence was my guide. The setup still holds on the daily, think the Aussie will retrace downwards but the 50% is holding as support. FxPro AUDUSD D1 b1qnn | cTrader
I have been risk averse this week with all the volatility on the majors.
