Hmmm. 
I’ll also try to see the strength meter on Marketmilk to confirm this.
AAAA what a waste. 
Hahaha. If I did just go with my initial plan last week, I would’ve gotten a great entry as this pair’s price continues to go up. 
I just had to be a smartypants and follow my “gut.”
While waiting for the candle on the EURUSD hourly chart to close, I’m switching to USDJPY.
A bullish crossover has happened on the hourly.
And price on the 4H chart also seems to be bullish. 
I’m just trying to spot a good entry.
Anyone trading this pair? 
I’m not sure yet whether I want to put a TP for this trade, but definitely an SL just to manage losses. Once I do, I’m planning to put my SL @ 1.09961.
But again, I’ll wait until the close of the current candle on the hourly. 
I hope I can also open a trade soon so I can read around the forums again and interact with everyone.
My main issue with JPY pairs is that it might become a trading range on the larger time frame. We are currently at a potential double top and possibly a reversal down. Of course it could also break out to the upside as well.
I had a trade going on with EJ but decided to close it and wait and see.
Yeah that makes sense. Taking a step back can be the best trading move, especially given how volatile the yen pairs are. Are you looking for a particular confirmation before you get back in on that EJ trade?
I hope you don’t mind but I’m just curious! If this is the case, would you consider trading on the lower timeframes for possible quick pips?
Things aren’t looking too good on the hourly for this plan. I was supposed to get in already but the doji made me rethink this. I really hope I can get a good entry, but it seems price is already ranging around this area.
I’m sure people can. I seem to get the best results when multiple time frames align. Though I am still experimenting with various ideas in my own trading.
1 Like
Thank you Clear! And since I have you here, I also just want to say that even though you’re still quite new here, you’re such a big help and your posts are really interesting to read!
1 Like
Thank you, appreciate it. May you rock your trades. 
1 Like
You are welcome, Ria.
My trading has improved quite a lot lately, but, as you know, learning is an endless journey especially as it relates to trading. Yes, I’ve been very busy since been away from the forum. You can always count on my support. Anything that improves your win consistency in trading is a welcome idea. I have a pile of notes that reach to the ceiling (
) of trading observations, journals, concepts to put into practice and the likes. They have all helped me to become a better trader. You may not be aware but this journal of yours is also a source of knowledge to the community. As long as you are making forward strides, you get closer to it, day by day, trade by trade.
1 Like
I don’t have any open position on EU, but the orderflow is currently bearish. One might still buy the pair and make profits but the tide of the pair flows southward. That does not mean price may not shoot up with 200 pips jump. My analyses are never set in stone. I am never married to a direction and I don’t predict price; I react to its movement. Right now, every indication it has given me is bearish. I am trading AU, however.
1 Like
I think it’s been 2 weeks, but I’m finally back from vacation! We went to Singapore, and all the walking I did there gave me mixed feelings about the days we spent there. But I missed being here, and I missed trading. So it’s back to the charts for me.
Thank youuu! Good luck to us this week!
Thank you sooo much Torch! Huhuhu. 
Reading your replies always make me smile! I do hope you’re right about me contributing to the community somehow. I feel like would’ve quit trading a long time ago if it weren’t for the people here.
1 Like
I was actually also in a bearish trade before I went on a vacation, and I forgot to close it so I’ve been in this trade for a while.
1 Like
Another week, another traadee! Since I’ve been away for a while, I kinda wanna make up for it. But I guess I don’t really have to since I’ve been in this EURUSD trade even before I left for vacation. I’m sorry that I forgot it, but it’s a pleasant surprise!
I’ve been on this trade for a while, and I feel like I’m already satisfied with my profits for now. Is that crazy?! I haven’t closed the trade yet though.
Trailing stop, keeps you in, locks in the profits, you don’t really need to watch it!
1 Like