Thank youuu TwinIsland! I’m actually kinda jelly 'cause I was hoping to travel more this year too!
But hope you enjoy and of course, that I get to interact with you more often again here!
Helloooo! I’m so happy to share that we had another win again for the USDJPY.
Thankfully, I was able to hit my TP before price started to move the other direction.
If I set my TP just a little bit lower, I’d probably get stopped out instead.
I’m joining my husband at the coffee shop right now since he said he can’t help but sleep and not work when he’s at home. Perfect time for me to trade!
It’s actually my grandfather’s birthday today so we’ll be celebrating together at dinner. We’ll head straight there in a couple of hours. But until then, I’m off to my charts!
Ooooh. Look at that current huge red candle.
Although this pair is looking bearish at the moment, it might be a bit too early for me to get in.
Although the 4H and daily charts are both looking bearish too, no MA crossover has happened so I have to wait it out a bit more. Tempting though!
And I still can’t seem to figure out why my RSI isn’t appearing. It would’ve been another good thing to consider.
I think it’s possible for price to drop to these 3 levels, but if I’d be on the safer side, I’d put my TP either on the 1st or 2nd level.
While I’m waiting for the current candle to close in a few minutes, I’ll try to check out my EURUSD charts.
With the bullish crossovers on both the hourly and 4H charts, I’m considering to get in on a long trade for EURUSD. What do you guys think? Once the current candle closes, I’m thinking of getting in already.
I’m still waiting for a few minutes before I actually get in but I’m thinking of setting my SL @ 1.16630 and my TP @ 1.17391.
Anyone else long on the EURUSD?
Hmm. For perspective, I used the more relevant tops from way back July in setting my TP. I might just stick to this trade than the USDJPY one.
I’ve decided to get in on this trade! I’ll be monitoring it for the next hour, and if price moves against my trade, I might just decide to close it before I leave for my grandfather’s celebration.
May the pips be in our favor!
I’m also getting in on a short trade for USDJPY and I’m setting my TP just @ 147.094. I kinda don’t wanna miss out on this cause I see that a bearish crossover is also about to happen.
I’ll try to update about these trades in the next hour!
EURUSD trade is also looking good so far, but still a loooong way to go before I hit my TP for this pair. Now I’m thinking whether I should adjust both my SL and TP for this trade.
I’m on this trade as well. Actually entered long after the CPI news yesterday. Glad we are on the same train. I expect higher prices according to my analysis on the daily time frame.
Yayyy! That makes me feel more relieved, Torch!
Do you think I should adjust my TP and make it higher?
Well, as we all know, in trading nothing is set in stone, but reviewing the eurusd chart once again confirms that the bull move has only just begun. I expect two to three days of bullish momentum barring any surprises from the economic data release, geo-political events, or Trump’s speech.
However, if your plan is to take profit at a pre-determined level, I should not influence your plan by encouraging you to deviate from it. I would, however, keep some pips in the bag, put the rest at breakeven, and trail the markets if that makes sense with you. My exit strategy is not yet defined as I haven’t seen any reason to take profit for now.
Though I expect higher prices it is not premature exit to take profit at a particular level you are comfortable with your profits. You would make pips and keep pips by doing that.