I will open a Short after a pullback to key sell level 112.37.
Reasons why we can open Short: - Price broke down a key level 112.45. On the chart, you can see how many times the price bounced from it. - On daily chart, price moves down. - Near that key level, we have a low and predictable risk.
Short near: 112.37 Goal is: 111.70 or 111.20
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Komentar
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Price hit my Sell limit order. I hold Short.
Komentar
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H4 close under key level 112.44 its confirmation signal.
After posting a LONG position, why do you put up a SHORT?
If you trade, you should see that ~ 111.50 is a technical level.
What is your current idea?
Yuriy_Bishko
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@Zolchello,
Yuriy_Bishko
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@Zolchello, As a trader, I need to adapt to market condition.
Sometimes everything changes and I totally change direction. Because I trade what price shows.
Hobby_trader
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@YuriyBishko, now I can only hope your prediction comes in
Yuriy_Bishko
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@Zolchello, Why you are hoping on something.
What is your risk per position?
Hobby_trader
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@YuriyBishko, Not the risk is the important, rather our different view about the market. Now, I decided to opoen a quick short according to my oppinion.
MartinMystere
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Thx, I made profit from this trade, but I did not use the stop loss you had that is why I had it open
weekendanalyst
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I agree with your idea.. somewhat similar to what I have in mind.. good luck!
Hobby_trader
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Sorry to tell you I have never seen such a bad trader like you, Yuriy.
Not one time you wrote your bad idea about the USDJPY moves.
The trend has changed to UP!
If you trade, you should see that ~ 111.50 is a technical level.
What is your current idea?