Adding AUD/USD short bias today. I understand this creates synthetic short AUD/GBP bias but I'm just going to let the algo run on both pairs.
Fri pm 2 bearish trades with TIGHT mental stops....1 algo daytrade in GBP/USD +71 pips, and holding the swing long which is up around 90 pips.
Got short AUD/USD currently - 25 pips.
Got short silver near the close today.
Fri pm 2 bearish trades with TIGHT mental stops....
Long Puts QQQ atm 2 week expiry, for retest of recent low
Bear 241/243 SPY call spread 4 week expiry, thinking political crap continues
But, definate up side risk if crap dies down, market wants to go higher on fundamentals, hence tight stops
Stopped on the QQQ, hold SPY bear call spread with stop at 241Fri pm 2 bearish trades with TIGHT mental stops....
Long Puts QQQ atm 2 week expiry, for retest of recent low
Bear 241/243 SPY call spread 4 week expiry, thinking political crap continues
But, definate up side risk if crap dies down, market wants to go higher on fundamentals, hence tight stops
Not too familiar with Donchian, how are you using this ? Channel looks rather long term (?)First up-step in Donchian during bear market in GLD.