Forex 13:25
AUD:- has pushed up into the 3-day filter again.
Price can breakout but I've also taken a short because of the expectation that price is moving down into the brown filter.
At this stage I can't see a continuation down until the next 240min bar begins and pushes down from a higher open.
EURO:- has moved back down into the brown filter, and my expectation is that price is moving back up into the 5-day 50% level:-
No high probability set-up to short trade down, as it didn't hit Friday's 50% level.
Again price probably won't continue higher until the start of the next 240 min bar @ 3pm... so there is still risk that it won't hold:-
AUD:- short 6918 stopped 6930 -12
AUD short 6974 Exit 6928 + 46
My First AUD today trade is very similar to this trade now:- shorting the 3-day filter
However the difference between the two is, the 2nd trade isn't cominh down from a new 240 min:- higher open and moving lower
Therefore I didn't add shorts on the HOOK and exit is above the previous pink filter @ .6928
EURO:- long 1.3439
Looking to partial exit on R41 completion @ 1.3462 ( 23+)
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Forex 13:38
Exit 1.3462 +23
I would like to see both these 240 min bars close to decide if I'm going to trade both again
