errol wrote: ↑
Wed Apr 01, 2020 6:53 pm
I wil address all questuons later guys...for now there is a current sell on USDJPY,just entered and sl set slighly above the previous high on the 15 min timeframe...EURJPY order was entered at very ealry hours of the asian session ( didnt share it as i had mixed emotions about it trending durind the asian session) current progress...
Yes as for the GBPUSD, I am still bullish biased since price is still above my 200ma ( waiting for conditions to be met and will share more)
As I wrote in post 98:
USDJPY wasn't likey to go far - I hope you managed to get out with a profit (I think EURJPY was the much better choice).
Although GBPUSD did finally manage a short swing up - it was never bullish in my book (but then I use HMA80 for directional bias) - GBPNZD, GBPAUD was the much better choice.
But that's all hindsight.
BRN - now? Why not this morning - chances - its seems to me - were much better then than now.
USDJPY - has the situation improved since you were stopped out? I don't see that at all, if anything divergence is stronger.
Only postiive aspect: price was rejected twice at EMA80.
In many ways it looks like a classic accumulation phase.
But what do I know? You may make a lot of money yet.