Second half close at b/e. Present 4H chart looks good for another sell, I was looking a reversal CF to enter.
Second half close at b/e. Present 4H chart looks good for another sell, I was looking a reversal CF to enter.
nice job… u thinking short?
how about the bullish head and shoulder on daily and 4hr tf
and the triangle coming up?
Yes sir still have a short bias base on the weekly.
Have to agree with this, staying short is definitely the wise thing to do.
I like the JPY short in the days ahead. A few such as GBPJPY & AUDJPY are at tested support levels, its possible we might get a bounce at these levels. EURJPY also showing reversal CF at a possible extension on the daily might also rally. Look for long entries on smaller time frames.
A few of the USD pairs are at possible extension points such as EURUSD and NZDUSD, both showing reversal CF on daily charts. Look for long entries on lower time frames. AUDUSD also has a similar setup.
Where did you enter? There was no CF…
After the last 1H close shown on the chart posted.
First half close at 140.75, 74 pips gained, stop loss moved to entry.
Second half closed @ 141.62, 161 pips gained. I still have a long bias once it remains above the daily low, will be looking more long entries on 1h/4h.
EU formed a bullish engulfing bar on the daily…
Yup a possible extension from the down wave or a possible end of the retrace on the weekly. Will be looking for long entries in the blue area on the 4H chart.
Well … this is just another thread I have to subscribe to … 40 pages of valuable content. I’m all into swing trading and this seems like the perfect place to start studying … so off I go.
Best Regards,
Matt Jones .
It’s the best on here Matt - also go look on FF for the ABCD thread (started by Dra) which is where this originally started (same thread owner, different name ) - you won’t be sorry, but it does take some reading and work. Demonstrates very nicely how “trend” can indeed be your friend
Actual fact here’s the link, don’t know if it’ll get removed or not… A,B,C,D - 1,2,3,4 System @ Forex Factory
First half closed out at 1.3650, 70+pips gained. Stop for second half move to b/e.
Second half closed out at b/e.