this is what i'm doing if you want to secure some profit to what you have in plan.
![](https://resources.faireconomy.media/images/emojis/64/263a-fe0f.png?v=15.1)
![](https://resources.faireconomy.media/images/emojis/64/1f4ad.png?v=15.1)
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DislikedYesterday we got news that suppose to be bad for US economy and yet dollar gained strength. What can we learn from that?Ignored
DislikedYesterday we got news that suppose to be bad for US economy and yet dollar gained strength. What can we learn from that?Ignored
DislikedI have the same position as you i'm also +52 my strategy acording to the 4hre chart is put a stop to break even and let it ride for the night.
this is what i'm doing if you want to secure some profit to what you have in plan.Ignored
DislikedAND IT didnt follow as much of all the other european pair to the downside.Ignored
DislikedYesterday we got news that suppose to be bad for US economy and yet dollar gained strength. What can we learn from that?Ignored
DislikedThat's a reason for me to short it! It only means it has more room to fall. I will venture to say by weeks end cable is below 1.58. All the upmoves looking shallow like the down moves looked when this thing was going up. If you are going to long it, you need to do way below here. Sentiment has shift towards the dollar since Friday. No point in fighting it.Ignored
Disclaimer:
Trading spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. Because the risk factor is high in the foreign exchange market trading, only genuine “risk” funds should be used in such trading. If you do not have the extra capital that you can afford to lose, you should not trade in the foreign exchange market. No “safe” trading system has ever been devised, and no one can guarantee profits or freedom from loss.
DislikedYesterday we got news that suppose to be bad for US economy and yet dollar gained strength. What can we learn from that?Ignored
Dislikedlol, still trying to guess ey.
Just don't get caught with your shorts down
Bias is still down. Good luckIgnored
DislikedTaken from somewhere on the net (Elliot wave trader). This one was posted few days ago:
As being analysed above, this pair is performing wave 4. But now, it seems that wave 4 already completed. Look at H4, if the previous high is break, then it will go 1.81743, around 1,500 pips above. But of course, do not expect it will go straight. There must be subwave on the way to reach that point.
Now, look at H1...this pair will go down at least 1.62+++ before going up again. It will go up after that to 1.68+++ before going down to continue...Ignored
Dislikedlol, still trying to guess ey.
Just don't get caught with your shorts down
Bias is still down. Good luckIgnored