Author Archive
Friday, September 3 Update
Posted by: | CommentsHello everyone,
The market has not moved much since yesterday, and I am still awaiting prices to hit the support/resistance level:
Thursday, September 02 Update
Posted by: | CommentsHello everyone,
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Wednesday, September 01 Update
Posted by: | CommentsHello everyone,
The trade got triggered last night while I was asleep in bed, and is now 23 pips in the money.
(this is the H4 chart)
I will be looking to move my stop loss to breakeven soon.
GMT 02:17 – I have moved my stop loss to breakeven +1 pips. The first profit target is at the 50% retracement line (1.2600) — I may extend this profit target if the market shows signs of going lower (I think there’s a fair chance that it would).
GMT 05:07 - There was a big move up that stopped out the trade for +1 pip. Depending how on prices move from here, I may consider to go short again.
GMT 07:30 – The H4 chart looks to be forming a doji with a long top shadow (at the H4 resistance level). If the candle closes like this (in 30 mins) I will be looking to go SHORT again.
GMT 08:00 – The candle closed WITHOUT a long top shadow. Looks like the market still wants to move up some more. I will continue to wait on the sidelines.
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Tuesday, August 31 Update
Posted by: | CommentsHello everyone,
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