I am down with flu this week, and now with certain amount of paracetamol running in my body, I am not going to write too much here. �Here is the cable chart I am looking at.
Trade well.
I am down with flu this week, and now with certain amount of paracetamol running in my body, I am not going to write too much here. �Here is the cable chart I am looking at.
Trade well.
Here is the potential symmetrical movement I am watching while AUDJPY approaching 82.50/80 resistance zone. �Of course, market is never perfect, let’s see how this plan works out.
by Gav 3 Comments
I have stopped posting my trade long time ago for various reasons. Anyway, I thought I might throw in an example today to show how I trade gap. In fact, I am not really sure if �I can call this a gap fill strategy, as it is basically a simple support/resistance trade. After all, everything comes back to your level. Define your level, and plan a trade around that. That’s what I am doing.
Here is 5-minute chart of AUDJPY. �There were quite a number of FX pairs with Sunday gaps this week, I picked this pair as it was showing me the cleanest setup at the time I was back to my workstation. I waited for the pair to retest the 5-min level, and put the target at the gap opening , the end result gave me slightly more than 2R.
Another very late weekend charting from me. Here are some charts with levels I am watching for the coming week. Ignore the arrows. The key is to be aware of the key levels, and plan your trade.
USDCAD H4
NZDUSD H4
GBPUSD H4
EURUSD H4
AUDUSD H4
AUDNZD H4
EURGBP H4
EURJPY H4
Very slow and choppy week so far. Other than playing the Sunday gaps (which is not my favorite), there is not much going on now. Here are some charts I am watching closely at the moment.
EURGBP H1
EURUSD H1
GBPJPY H4
GBPUSD H4
It was a very busy weekend for me, did not get too much time for charts. Anyway, here are some charts with levels I am watching for this week. Ignore the arrows.
AUDUSD H4
$NZDUSD H4
$EURJPY H4
$EURUSD H4
$GBPUSD H4
$USDCAD H4
Good trading!