Too many Longs down here! It would be very surprising if they didn't take them all out before a major move in the opposite direction.
Comment:
A little bit more up close - 4hr.
Comment:
If you want to go along for that upcoming, potentially massive Stop Hunt...
... look for a SHORT Entry around here.
Trade active:
Initial SHORT Target: 1.6230
Comment:
Our Main Target is: 1.6125
Comment:
Boom!!
Comment:
Comments in the Chart;
... aaand, it's also at the bottom of that major up-channel. Lots of things can happen here!
Trade closed manually:
Getting out - for now! - @1.6235 on Bullish Hammer
Comment:
Now, it's just wait-and see, what happens next?...
Comment:
This just hit our First Target: @1.1620
Let's see what's next...
Trade active:
LONG.'
We've got an absolute beauty here!
Let's work it!!...
We've got an absolute beauty here!
Comment:
You can BUY it up right here, @1.6200
with a 20 pip stop
Comment:
... just don't get carried away here because we are still in a Stop Hunt!!
Trade closed manually:
this does not look promising. Don't force it!
Comment:
We took a -7 pip loss. Not too bad all considered, right?!
Comment:
If anything this is still a SHORT here.
(HUGE Bullish Shark PRZ just below here!!)
Trade closed: target reached:
Obviously we closed the Shorts right here;
Now FLAT, waiting for this thing to come back down into the PRZ.
Comment:
So far +138 pips in 48 hours. Not too bad...
Comment:
This should test the PRZ at least one more time...
... before it's ready to be bought up. Watching it closely...
Trade active:
LONG
Let's BUY this up, w. a 20-25 pip stop.
Trade closed manually:
Too early!! It is still coming back. -8 pip loss.
Trade active:
BUY IT UP!! @1.6140
Comment:
OK, we seem to be in good shape here!
-Bought the daylights out of it here;
- Booked +148 pips profit, coming down here, on this highly anticipated Stop Hunt;
- sitting on +38 pips of open profit.
We are cruising here, for now.
- Booked +148 pips profit, coming down here, on this highly anticipated Stop Hunt;
- sitting on +38 pips of open profit.
We are cruising here, for now.
Comment:
Looks good! - Long
Keep loading!
Comment:
Just a reminder - the Daily chart;
.... where we sit currently.
Trade closed manually:
We went FLAT @1.6180. +37 pips
Looks like this hunt ain't over, yet.
Looks like this hunt ain't over, yet.
Comment:
Let it come back down then we'll see...
Trade active:
Nothing but LONGs here, right?!
Comment:
Flat, flat flat!!
This hunt is far from over. Sit tight here - flat.
.... may be tomorrow?...
This hunt is far from over. Sit tight here - flat.
.... may be tomorrow?...
Comment:
We've been Trading here;
AUDJPY
... here; AUDUSD
... and here;
Nasdaq100
www.tradingview.com/...rading-Guide-Hourly/
... for a good 24 hours, by now.
AUDJPY
Nasdaq100
www.tradingview.com/...rading-Guide-Hourly/
... for a good 24 hours, by now.
Comment:
Incidentally... might want to check this out...
EURJPY - 8hr.
Just what do you think is gonna happen here?!.... :-)
BTW, this can be found in this - ACTIVE - post:
... the Yen Crosses
EURJPY - 8hr.
BTW, this can be found in this - ACTIVE - post:
Comment:
EURUSD - Speculative Net Long positioning remains EXTREME! (...while shrunk slightly, last week.)
Comment:
AUDUSD - Speculative Net Long positioning (COT) is steadily increasing (...while holding steady, last week.)
Comment:
We are perched here, in this Active Post, for now;
... most likely for the better part of the week.
Comment:
This is still on it's way down.
Still Major Stop Hunt going on here!!
Comment:
Trade active:
One last push to the Down Side...
SELL it hard!! Now, now, now! - SHORT
Comment:
... then, once down there, it will likely be Da Spot where to bet the farm! We'll see...
Comment:
EURGBP
One is still looking for SHORT Entries here because this thing is still in a massive Stop Hunt!! (some just still don't realize it, after all this time :-) + It is also obviously it is in that Bearish Bat's PRZ!! Act accordingly...
Trade active:
Going into next week...
... we will be looking for SHORT Entries, here.
... we will be looking for SHORT Entries, here.
Trade active:
========================= September 28, 2020 ----------------------------------------->
Trade active:
Looking for a LONG entry here...
Trade active:
LONG @1.6503, 23 pip Trailing Stop. Target: 1.6650
Comment:
Now that everyone is LONG here (and already in the green; i.e. ++), right?!...
Here is the deal;
- If you plan to manage this trade yourself while planning to sit on it (Long) all the way up to 1.6650, you probably need to extend those Trailers (trailing stops) to around 45-50 pips.
- On the other hand, if you plan to keep an eye on this trade and adjust those stops every 1-2 hours then 23-28 pips should be sufficient room for this trade.
Just a thought...
Here is the deal;
- If you plan to manage this trade yourself while planning to sit on it (Long) all the way up to 1.6650, you probably need to extend those Trailers (trailing stops) to around 45-50 pips.
- On the other hand, if you plan to keep an eye on this trade and adjust those stops every 1-2 hours then 23-28 pips should be sufficient room for this trade.
Just a thought...
Trade active:
IFF, for any reason, your stops got hit around here - 1.6475-90 - get back in there (very!) LONG! - Tonight's stop hunt looks like it's over and this thing is turning into the wind - ready to take off. (Everything else stands from earlier.)
Trade closed manually:
Closed out LONGs because this thing is headed down for one more stop hunt @1.64560, before moving higher.
Trade closed: target reached:
Covered SHORTs @1.6355 for +200 pips
Currently FLAT.
Trade active:
Buy it up! - LONG
Target: 1.6430
Order cancelled
Comment:
Here is the current post
