OANDA:US30USD   US Wall St 30
98 7 1
I would like to see a grind with upside bias for a week or 2 and after that a drop. If it breaks upside orange line with a daily close, I would expect it to continue. Otherwize I would be short. Currently without position, waiting for clearer entry and confirmation if I am right(grind with upside bias till shown area
Comment: I still think it can go up for one last leg. Filled the gap and reset RSI(not visible on graph) Will see.
Comment: Moved almost as expected, will see if upside target will be reached. Currently it looks to do so and it has more room on the upside to go. Would not open any position from current location.
Trade active: 20120 took short, sl BE
Trade closed manually: Still bullish, will wait clearer signal.
Trade active: Sl above days high
Trade closed manually: Seeing more upside coming. Closed orders an will see if cap filling and a possible new high are coming in again. Will look for better signals.
Trade active: Short from current level high as sl
Trade closed manually: Again small profit, trade closed, more upside on horizon
Trade active: And again trying to short. Sl days top
Trade active: Short from 21365
Lesson for life. Do not trade anything you have not seen move for at least a year or two. Ecco effect till 3.5% rate increase. I have been wrong and payed greatly for it. Aint looking forward for the collapse, but when(not if) I would like to see it....
Those shorts failed, graph still valid, if 20323 brakes it goes lower, if not, it goes higher to test the trendline around 22500-23000 area
lnsheihe lnsheihe
@lnsheihe, well 21300 reached and been going back and forth between 20300 and 21300. Breaking above or below given threshold dictates next long term move.
Only problem for me is gap down on my chart. When will it be filled? Not looking for it to be filled any time soon, but, as allways, only time will tell
Now this looks like a rea short deal! Stop loss at top of last day
Basicly we are at make or brake area
If this h4 candle closes below 20090. I will be short with stop loss just above the maximum of the day.
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