Not a surprise where it retraced and stopped.. Would like to try to get in again at the xx50 level region. Might not get back to that level however.

Forex Day Trading

Price retraced right off of that level. Coming back to previous intraday lows.

Forex Day Trading

Took one position off of the table and scaled off 80% of remaining...

Forex Day Trading

Yes indeed ... look at those wicks on the daily chart on EU stacked up high clearly sellers around. Look out below indeed. Putting a wide stop on this could net some big gains if your willing to hold for a while. I just moved my stops down just to ...

Forex Day Trading

Yes, don't you just love the way price moves from one xx50 to xx00 level and so on and so on...

Forex Day Trading

I put break even onto first position in an attempt to gain a larger move and see if this market will trend... added another position on that pull back to the xx50 level after some resistance was evident. Now to see if new lows can happen.. Clear ...

Forex Day Trading

and as so often happens... price retraces... taking 20 pips out of the market sometimes is better than holding in an attempt to gain more

Forex Day Trading

I had a crack at shorting euro around that level as well, seen that price halted at 50% of daily range and shorted, there was also some previous intraday support levels around that region also. So far working out nicely about +20 pips up.

Forex Day Trading

Well this level seemed like a good spot to sell at. Plenty of resistance around that area. 1H pin bar added another position.

Forex Day Trading

Could be a key resistance area here. Just got hit on my tp levels.

Forex Day Trading

Let the market decide how far it will go, moved stops up.

Forex Day Trading

GU Long after the close of the bullish m15 candle. Breakout of congestion zone followed by a pull back to retest.

Forex Day Trading

Bullish close on the m15 chart on Pound. Looking good to me for a move higher.

Forex Day Trading

That pound has put in a Higher Low on the Daily Candles. Could be a bit of a ride up from here, considering the significant support level on the weekly chart at this level.

Forex Day Trading

I think I did a very similar trade as that. Support at a previous intraday resistance level.

Forex Day Trading

Most likely not too many wanting to short USD around here I suspect. However it's a key level. USD weakness coming.

Forex Day Trading

In a few weeks we'll see some sort of bottom around this level. Only will be evident after the fact as usual.

Forex Day Trading

Wise to take some profits at this level or close to the xx50 level. Or move stop down and attempt to capture a bigger move.

Forex Day Trading

Again on the GBP resistance region found just below the xx00 level and some previous intraday support levels. S/R zones.

Forex Day Trading

Certainly was a key resistance region on the chart. My initial position was stopped out. Shorted again after spinning top candle formed at the xx00 level and Shorted another position after the indecision bars formed. Clearly see that the original ...

Forex Day Trading