Indeed plenty of room to get a good r:r +36 pips open trade going for 1.3675 at this point

Price Action and Trading Discussion

Hi there guys, Seemed like a good opportunity to short at this level after a 2Bar Reversal Pattern appeared, would of been better to see it appear a bit closer to the 3750 level, however there's some intraday resistance evident around here. See what ...

Price Action and Trading Discussion

Moved to Trading Journals... what's the difference between Trading Journals and Trading Discussion... Strange to say the least...

Forex Day Trading

Well the market had me chasing my tail today. Couple of losing trades for me today.

Forex Day Trading

Well it wont hold below that level. Time to go for longs I suspect.

Forex Day Trading

Yes true, aisan session is not the best for trading.

Forex Day Trading

5M chart breaking down out of a wedge. Likely to go lower.

Forex Day Trading

Been waiting for this news all day, so i can look for a trade. The fact that rates have been on hold for so long, to me says only a matter of time before the RBA decides to cut rates. But then Building Approvals is way higher than expected, which ...

Forex Day Trading

Looks like a spike above the 1.3200 level... short side is looking good...

Forex Day Trading

AU cash rate unchanged... thought the RBA may have cut it a tad considering the instability in the markets at the moment.

Forex Day Trading

If you try anything, try this one thing. Watch price as it approaches xx00 and xx50 combined with previous S/R levels.

Forex Day Trading

I'm quite happy to keep shorting EU today. No problems, xx00 level acting as resistance for the time being. One thing you'll find in asian session, these number typically will contain price. xx00 xx25 xx50 xx75

Forex Day Trading

I did a half marathon once.... and once was enough... it certainly takes a degree of self discipline to keep going when your body is screaming at you to stop, but you just keep going, one foot in front of the next. Once you push through the pain ...

Forex Day Trading

This is a typical price action. Maybe now we can see some trending price action this session.. ...prices are down.. down down... prices are down...

Forex Day Trading

Gap on eu is filled... typically resistance is evident in these situations..

Forex Day Trading

Moved my stop down just above that recent swing... and price just pipped it for -11 pips.

Forex Day Trading

Now to see if GU can find resistance at key level. 50% of daily range reached xx50 level resistance. Time will tell if it can move back to the daily lows again. 5510 will be a good target level. around another 20 pips from here... Ok reached some ...

Forex Day Trading

+30 Pips and +23 Pips on these 2 positions. Hitting 50% of daily range time to exit counter trade.

Forex Day Trading

Definitely going to be some support at this level on GU I suspect. As much as anyone knows anything... I know this.. almost guaranteed. EU most likely going to head lower... but it could rally to fill this gap... so I'll just sit out of EU for a bit.

Forex Day Trading

Try this counter one more time... failed to break the daily low... see if can get a decent rally this time. Appears to me by looking at the 4H chart this is a possible support zone for the pound. Combined with the xx00 level it's worth the risk for ...

Forex Day Trading