That’s my overall plan for scaling in. Let’s make us a good gift for Christimas btw (I know there’s a bit it until there), but we prepare. Also, closed my USDCHF buy with 6€ profit.
Should I still trade USDCHF? Also, there is this strange correlation between CADJPY and USDCAD. To me they are sells both.
But if the CAD rules, they cannot be both sells, since if one falls, the others needs to rise. But regarding CADJPY, although I told this, all JPY pairs are still falling. It’s a bit controversial. See this 4h candle.
When one starts to move/ retrace, is the same on the other currency pair. But this is contrarian. So if this 4h candle closes entirely/ as a rejection, on both pairs, completely different directions are confirmed. Thought to place a sell on CADJPY since both on D1 and H4 looks great but is a mind game.
Edit: you should see my my chart on the PC where I have a lot of moving averages awsome colorued. That really looks like a Christimas tree lol.