Still holding on to my trade on EUR/USD . This is why many times when traders often ask me do i scalp , day trade , or swing trade. My answer is always the same , to me it all really depends on the trade. All day trades have the potential to become a swing trade if you can hold on to your emotions day by day and allow the markets to work for you!
With using very simple price action and utilizing levels of support and resistance I was able to find this very simple sell on CHF/JPY . entering right at the past level on the 8hr and 4hr time frame !
i started at the 8hr time frame and saw a clear past level of resistance and support
i than went down to the 4hr time frame where i use the same levels to see if price action was still giving off bearish candlestick pattens
i enter this trade around 5am london session
noticing how price has been in a ranging market i set my tp at the past level of support with...
we have broken back into the previous zone , i would wait for price action confirmation , a bullish engulfing and to see if we can reject that new support and look to take the pair long!
waiting for previous support to be broken , and than take a long position to the upward trend , wait to see how the Asia market reacts after the recent syria strikes
