First chart Aud/jpy h1 setting up for an Asian Open Breakout in about 2 to 4 hours. Second chart aud/nzd h4 setting up for a breakout to the downside. Not gonna take any of them, since it's still holiday, but just showing them for reference. Well ...

Trend Trading All Pairs

yes, I just got an itchy finger. When I saw so many pairs setting up, I put on a SMALL trade just to get a little bit of the action. But I agree right now everything is low volume, thus high risk and shouldn't be traded.

Trend Trading All Pairs

I don't know, if I look at my weekly chart, we are banging right now against some pretty strong support. And yes, I agree, so many trends popping up. In fact I was taking a small trade on gbp/cad, for nice 50 pips best regards

Trend Trading All Pairs

very true, waiting till we get quality trades again!

Trend Trading All Pairs

musashi, if you are still in your eurjpy trade, I would get out now, a lot of indecision bars on the h1. Now it's just a gamble if it goes up or down. best regards

Trend Trading All Pairs

god, all cad pairs breaking out. a shame that this happens today. But I stick to the rules and not trade during holidays.

Trend Trading All Pairs

canada is on holiday today. So I would be very cautious to trade anything cad related.

Trend Trading All Pairs

I would draw that one as a range, since as you pointed out, it should break the last high. Attached is H1 chart with the range as I would draw it. Now, maybe some thoughts why this is maybe a less than perfect setup. At least I would say it is low ...

Trend Trading All Pairs

merry christmas to you guys!

Trend Trading All Pairs

yeah, I think problem with pivots is that not everybody is using them, thus they are maybe not as reliable. But everybody can see the RN's, so these numbers hold much more validitiy.

Trend Trading All Pairs

okay thanks for your comments. I actually now also observe RNs for entries much more than I used to before. Kept me out of some unprofitable trades. Thanks for your insight concerning RNs!! Actually quite logical concept.

Trend Trading All Pairs

thanks for the post. hm, I was actually thinking that 0.8810 was the S/R level, since that is the lowest low of the last swing. What do you think? best regards

Trend Trading All Pairs

good that I didn't enter that! would have stopped me out right now! always follow the rules!

Trend Trading All Pairs

god, aud/usd is triggering now for a short on the h1. I am just worried that it might not follow through, since ny didn't open yet and london is on lunch break. Even though it's a good opportunity I may just pass on that one. But just posting the ...

Trend Trading All Pairs

took a trade on gbp/cad. Shows some good momentum, already moved stop to b/e and waiting to see it hit the first target. If it doesn't hit it within then next 15 min before the news I will close manually 50% of the trade. Did you guys take any trade ...

Trend Trading All Pairs

Finally, we got some pairs moving again. cadchf, gbpcad & eurcad broke their S&R level today. I think we can see some nice continuation opportunities tomorrow. (And of course eurusd and audusd are still a big sell in my opinion, once we get a setup) ...

Trend Trading All Pairs

I closed my trade at b/e now, not much momentum going on here.

Trend Trading All Pairs

I am also in the gu, let's hope that one works out now

Trend Trading All Pairs

haha, what the hell happened with the eur/chf? Anybody know if there have been any unexpected news? Already stopped out.

Trend Trading All Pairs

I am looking at the same trade. But I would enter at 6110, so that it clears that resistance made on the m15 chart. Or if you are very conservative, then maybe wait for it to break 6100 (round number). best regards

Trend Trading All Pairs