Price below all Moving averages TDI fin out the bands Price below Midnight Price of peak formation Price retraced 130 out of an 103 ADR
Held over the weekend, expecting an explosive week for this pair long.
thought this pair would reverse last week, but now anticipating some serious long action since price has been so bearish for so long.
Expecting USD CHF to go short since price has reached three times it's ADR and it's had 5 days of straight rise. NFP seems to have trapped longs expecting a break out.
Has nothing to do with the hurricane, but I'm shorting AUd/USD. I mistimed my entry but I believe pending USA news will send the currency down. Two taps to the high of the week which seems to be a major resistance level. We'll see what hap
Been having a string of bad trades, so getting back to basics and being more PICKY after some studying. Anyway, same old, same old. 3 taps to the LOW of the week w/ no good break spells a reversal to me.
Took this one after 3 taps to the Low of the week and no break. Just realized though that GDP drops at 4:30 AM, so I'll probably get out before then as I don't trade news. If it shoots up, to me that'll confirm the conspiracy theory that some have that NEWS gets used to manipulate/complete the cycle. As well, Unemployment claims drops at 8:30 so I'll give this one...
Two taps to the Low of the week and I'm Long AUD/USD. I think the USD is gonna take a bit of a pounding today unless news is good at 10 AM EST w/ Crude Oil news. We shall see.
3 taps to the high of the week = a short in my book. I wish I had more exciting set ups w/ 1,000 trend lines, EMAs, etc, but haven't found them all that necessary...lol
After several retests, couldn't break the high from the asian session. So I put a short in. Just keeping it simple.