Search results

euro trade stopped as well; lost 76 pips or -3.04%, MTD: -10.42%

Long USDCHF may be considered as an alternative to reentering cable. Good Trading Everyone!

stop trigered on cable trade, loss of 81 pips, or -3.24%, MTD: -7.38% I will consider reselling later today

stop @1.6820 target 1.6495

sold GBPUSD 1.6739

stop at 1.1740 same tp : 1.1445

sold eurousd @1.1664

On the bigger picture, the h&s pattern I mentioned on Sunday still looks like a pretty good possibility to be formed. If we look closer at levels, the left shoulder top is around the 1.1760/70 area, so I think it is a good trade to sell if we get there with stop at 1.1820. Target is still...

Ok, and off we go. Very good. This was the scenario I prefered (just as posted earlier). I think we are going to see 1.17, maybe even higher. If not - may short on market price. Will see. This still may be the retest for break upside, if we do, there is no talking about short position here...

Talking about "late, confusing and not certian" EXIT out of this tiny triangle on 60 min charts. Looks like we are going to see some upside move after all. But who knows? :confused:

Here's an updat on that triangle. Still inside :mad: . I think exit will be late, confusing and not sertian. I may still take short on break downside, but maybe not. The reason is that technically I would prefer to see upside move to 1.17, maybe even 1.1760 - and faliure to break upside to...

my mistake, it's +0.33%, not 0.42%

This is where we are now. If we break upside, my stop @1.1740 may have been taken out. Break upside should trigger at least 1.1700/20, maybe even higher, so I prefered exiting. On the other hand we may break down ... but its better not to lose than ... :)

Closed both trades: eurusd @ breakeven, usdchf @ 1.3333 (+11 pips, +0.42%) waiting for rebound upside to reenter. The triangle (on euro) is not broken still, so I prefer exiting due to uncertanity.

EURUSD: stop is lower than on previous entry: stop @1.1740 target is the same: 1.1445 USDCHF: stop @1.3195 target 1.3590 (gap area)

Resond the eur$ @1.1650 added long usdchf @1.3322

Seems like we are breaking that triangle resistance line upside. This may trigger 1.1720, maybe 1.1760. In my opinion, that is the point where we may see the break upside or confirmation that we are going down if it fails to resume upside move. (now euro is even higher : 1.1680).

Euro is rebounding a little due to eurjpy heavy buying, but I dont think it should be a problem. If short trade gets closed at entry level, I will consider reentering - who knows, maybe I get to enter at better price...maybe worse price. I will try to add the long position on usdchf as well...

Euro is currently positioned in little triangle which is in 1.16 - 1.17 range. Naturally the range is becoming thiner. We could observe this currently: in asian session we had +1.1715 high, then move down to 1.16 low --> move to 1.1690 high --> now move to 1.1605 low...If we break down, next...

stop moved to entry level on eur/$