Dislikedchart
upward +25 has resistance
downward - 40 fall out of channel
it's a fighting backed by the river? most likely flat & hold if no attackers... (upward resistance, 8760, 8800, 8880)Ignored
it clearly was attempting to break but at this moment I think either betting up or down have more risk than benefit. (if wrong will suffer ~300 pips)
upward channel point of view,
I keep redrawing channels coz it drop out of lower bound constantly, so I will stop drawing and just watch it.
I still holding end of last week's 1 side hedge order,
with 2:1 leverage (bit high) and risk tolerance of 1000 point drawdown,
i.e. -20% acc drawdown... right now it is at -100... I continue hold that because I can tell no direction... so rather pay swap fee than spread.
unfortunatley almost all major correction oppotunity I eyed beginning of this month has been gone...
those would cover more than the draw-down I tolerated past week and result in a hedge profit, but unfortunately I did not catch a good entry to get on bus before it corrected.
only 2 oppo left but I will not take soon.
business is very tight this week and I will hibernate for a while, they moved away 0.5 head from my project to others so I need to work harder coz no one to cover the front now. >_<
previous week was too lazy hide behind enjoying money betting game, but that's not I am paid for....
I need to do some work before rest of the team got burned by pressure, or they will probably kill me...
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)