Hi guys.
Trying out something new, going to be trading solely off a 4h chart. Will look at each new bar. Watching the opening to anger management so missed the open, good start
Pairs:
EurUsd, GbpUsd, AudUsd, NzdUsd, UsdCad, UsdChf, UsdJpy.
Just taken shorts on swissy and uj, and a long on kiwi.
Reasons are rather overlapping.
swissy & kiwi are both trending strongly.
UJ & swissy have big ole rejections at the end of last week.
All three are inside bars, ergo decent R:R to be had (taking these as opposed to the rejection levels.
Kiwi also had that bullish engulfing.
Maybe not the best setups, but always a bit jittery starting something new, like to get it out the way.
Will post some charts up later hopefully, but probably need to add some levels
See you in a few hours.
Trying out something new, going to be trading solely off a 4h chart. Will look at each new bar. Watching the opening to anger management so missed the open, good start
Pairs:
EurUsd, GbpUsd, AudUsd, NzdUsd, UsdCad, UsdChf, UsdJpy.
Just taken shorts on swissy and uj, and a long on kiwi.
Reasons are rather overlapping.
swissy & kiwi are both trending strongly.
UJ & swissy have big ole rejections at the end of last week.
All three are inside bars, ergo decent R:R to be had (taking these as opposed to the rejection levels.
Kiwi also had that bullish engulfing.
Maybe not the best setups, but always a bit jittery starting something new, like to get it out the way.
Will post some charts up later hopefully, but probably need to add some levels
See you in a few hours.