Short @ 10555.5; Stop: 10575.5, Target: 10495.5 Long @ 10397.5; Stop: 10377.5; Target: 10457.5
Anticipated "exhaustion" levels for today. Scalpers could consider these levels for a counter-trend trade! Yesterday's Long from the 50.38 area produced a winner. Today: Long from 49.80; Stop:20 ticks, Target: 60 ticks. Today: Short from 51.95; Stop:20 ticks, Target: 60 ticks.
Anticipated exhaustion levels for today are:- Short from 52.55 & 53.10; Stop: 20 ticks, Target: >60 ticks. Long from 50.38 & 49.70; Stop: 20 ticks, Target: >60 ticks.
SHORT between 2159.50 & 2161.50; Stop: 12 ticks, Target: 36 ticks. LONG between 2144.00 & 2146.00; Stop: 12 ticks, Target: 36 ticks.
These Levels mark the anticipated extremities of intraday price movement. This is an "intraday" COUNTER-TREND trading strategy. Narrow range expected for today. SHORT between 50.00 & 50.15. Stop: 20 ticks; target: 40-60 ticks. LONG between 48.65 & 48.80. Stop: 20 ticks; target: 40-60 ticks.
These Levels mark the anticipated extremities of intraday price movement.This is a Counter-Trend trading strategy. Long @ 10422.0; Stop: 200 points, Target: 400-600 points. Short @ 10570.0; Stop: 200 points, Target: 400-600 points.
These Levels mark the anticipated extremities of intraday price movement and form the backbone of an "intraday" COUNTER-TREND trading strategy. SHORT between 50.25 & 50.40; Stop: 20 ticks; Target: 60 ticks or more. LONG between 49.20 & 49.05; Stop: 20 ticks; Target: 60 ticks or more.
Short opportunity coming up on CAD/JPY. This pair is currently in a downtrend on the higher time frames. Facing two Trend Lines and stalling indicating the Bears may be on the move gain! ;) Anyone else holding positions on this pair?