The call out at the top of the megaphone is a mistake. Sorry.
Nico.Muselle
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Whatever it is, I'm short as it broke the support :)
Fib.The.Gentleman
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I did change plans aswell as i saw bias to swap, support did not hold and i made pips with short :)
Good Analysis and thank you for the comments!
Nico.Muselle
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Here's my updated chart. Target (1.272 extension) was reached, profit taken on 1/2 of the position and stops rolled to break even, now looking for TP 2 (1.618 extension)
Fib.The.Gentleman
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Targets were for me 1.0260, we did well :)
Good Analysis.
Sometimes to good to change plans when you are noticing a did it wrong :)
Did change my mind, and made profit. New Plan New Trade.
Wonderful
Nico.Muselle
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Well, my trade is closed as well, got stopped out @ break even for the second part of it. Indeed we did well ! :)
Up to next week now :)
Nico.Muselle
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I'd be a little cautious with this one, but it certainly has potential. I'd wait to go long for the break and close above previous lows to increase the probability of a profitable trade. Nevertheless, if it does, excellent setup !
PipFish1
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Hey Nico! Just a quick question...i know you're mainly a technical analysis guy. I was wondering if you get any influence from the news on how you trade? Or how much do you listen to the forex news to influence your trafes, if any?
Nico.Muselle
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Hi, good question. If the news events are minor, I usually don't let it influence my trading. If there are major news releases upcoming, I tend to avoid trading during the news or use another (scalping) method to trade during the news. Does that answer your question ?