Hi pros!
there is a confluence of resistance which where rejected by the price
CR is composed of:
-up trendline
-down trendline
-horizontal resistance
-0.618 fibonacci
There is a very high probablity for price to fall again and possibly continue the downtrend
Let's short this market aiming for a lower low
there is a confluence of resistance which where rejected by the price
CR is composed of:
-up trendline
-down trendline
-horizontal resistance
-0.618 fibonacci
There is a very high probablity for price to fall again and possibly continue the downtrend
Let's short this market aiming for a lower low
Comment:
In 1H timeframe price rejected two times the strong resistance , a short opportunity is possible at the market open
Trade active
Comment:
Shorted sterling dollar and aussie dollar too , with same sl configuration (20pips)
Comment:
Took half of usdjpy to compensate the eurusd trade, ab still the same
and letting the others trade run
and letting the others trade run
Comment:
short spx
Comment:
compensated the losses of SPX , audusd and gbpusd : -57 x 3 = -171
by taking the rest of gold profit and half of usdcad profit : + 168
only -3$ and a good risk free trade holding with a nice profit
by taking the rest of gold profit and half of usdcad profit : + 168
only -3$ and a good risk free trade holding with a nice profit
Comment:
short gold
Comment:
short usdjpy
Comment:
gbpusd shorted too and will retry to short audusd and eurusd , just have to find a plan
Comment:
Shorted euro dollar and aussie dollar too
eurusd rejected the 0.618 fib
eurusd rejected the 0.618 fib
Comment:
Comment:
buy spx
Comment:
compensate the losses of eurusd and audusd: -57 , -57
by taking half on spx and taking half on gbpusd : +57, +70
AB : 5584 + 10 = 5594$
and now we have a lot of risk free trade holding profit :
USDCAD (1:6 reached)
SPX (1:3 reached)
GBPUSD (1:2 reached seems to want to fall more)
by taking half on spx and taking half on gbpusd : +57, +70
AB : 5584 + 10 = 5594$
and now we have a lot of risk free trade holding profit :
USDCAD (1:6 reached)
SPX (1:3 reached)
GBPUSD (1:2 reached seems to want to fall more)
Comment:
take half of half on USDCAD to compensate the loss on USDJPY : + 68 , -57
AB : 5594 + 11 = 5605$
AB : 5594 + 11 = 5605$
Comment:
take half of half on GBPUSD : +57
AB : 5605 + 57 = 5662$
AB : 5605 + 57 = 5662$
Comment:
take the resting profit of USDCAD and GBPUSD , compensate the losses of gold: +99 , -57
AB : 5662 + 42 = 5704
I think i will stop here today because already made almost a 2% performance and made a lot of losses
AB : 5662 + 42 = 5704
I think i will stop here today because already made almost a 2% performance and made a lot of losses