/ I AM A MOVING AVERAGE TRADER-THAT SEEM TO BE THE BEST MEANS OF ANALYSIS FOR ME.
/ For me. Yes it is currently.
/ This means I would only look to open buy positions until it changes again.
/ No pull back sell entries, exclusively buys.
/ First it found support in the previous support area in and around 1.07500.
/ Broke above the area, though not with high volumes.
/ My 1HR 15-SMA broke the 1.07500 and maintained above it so I am bullish until it shows me
otherwise.
/ Had 2 entries so far 1st entry closed out with 16 pips
/ 2nd entry went up about 12 pips. For this trade the current TP is 230 pips @ 1.10000.
/ However I will keep a close eye on the market around the 1.08850 area.
/ Just entered another position @ 1.07768 for a 50 pips TP @1.08266 (3rd entry)
/ I would like to leave 2nd entry for the full run to 1.10000 (lets see how the market plays)
/ For me. Yes it is currently.
/ This means I would only look to open buy positions until it changes again.
/ No pull back sell entries, exclusively buys.
/ First it found support in the previous support area in and around 1.07500.
/ Broke above the area, though not with high volumes.
/ My 1HR 15-SMA broke the 1.07500 and maintained above it so I am bullish until it shows me
otherwise.
/ Had 2 entries so far 1st entry closed out with 16 pips
/ 2nd entry went up about 12 pips. For this trade the current TP is 230 pips @ 1.10000.
/ However I will keep a close eye on the market around the 1.08850 area.
/ Just entered another position @ 1.07768 for a 50 pips TP @1.08266 (3rd entry)
/ I would like to leave 2nd entry for the full run to 1.10000 (lets see how the market plays)
Comment:
/ 1 trade hit stop loss, 1 trade Still active with TP@ 1.08780 and new buy limit activated @1.07480 TP@1.10000.
Comment:
/ Both trades still active.
/ Happy trading
/ Happy trading
Trade active:
/ Another entry @1.07694 SL=1.07590 tp=1.08494
Trade closed manually:
/ Manually closed out all trades after re:assessment.
/ Market sell trend continues as My trend bias moving average has rejected 200ma on the 1 HR.
/ I am awaiting new entry.
/ Market sell trend continues as My trend bias moving average has rejected 200ma on the 1 HR.
/ I am awaiting new entry.