I just opened the following positions:
Bought: AUDNZD 1.12318
Sold: EURCHF 1.23415
Sold: NZDJPY 83.732
Just looking for a gap close on NZDJPY
Waddya think?
NZDJPY was stopped out by a 1.9 pips before it went and closed the gap! hahahahaha
The other 2 are in profit.
The important thing is not what you traded, it’s your reasons for entering those trades. If you’d care to explain this, I’d be happy to try giving you my opinion (though I’m quite new to this too).
NZDJPY gapped up and was at resistance. We know what happened here.
EURCHF SL 1.23606 TP 1.23001
Was at a upper trend line with the recent run up with low volume.
AUDNZD SL 1.11693 TP 1.13634
Was at monthly resistance and an upper resistance trend line turned support. Recent daily candle was bearish with Low volume.
HTF analysis also supported the trades.
Just trying to incorporate Fundamental analysis with my TA.
JRC Thanks for the response.