Lord Flasheart
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stop is now at +15 on eur/aud trade
short eur/aud at 1.2397, sl 1.2420 hoping for a nice rn bounce🙂
buy audusd 1.0657 stop 1.0637 1/2 position
Target 1.0700
Longer term trade. Probably take 1/2 near 1.0680
5m chart
exit 1.0669
Since it was only a half position to start = +6 pips
Good time to exit and call it a day. I do not want to hold over the weekend.
See everyone Monday!!
Peter
Mind if I chime in?
Sell stop on Cable at 1.5773, s/l at 1.5807
welcome and good luck
Thanks,
The general idea on this trade is a pullback to the 61.8 Fib and then a reversal. The divergence is in place to indicate a possible reversal, as well as a peg of the 61.8 Fib, so will see what happens. Minimum target at 1.5637 which is the Fib projection at 1.382. Will present a good 1:3.9 reward. Sounds good on paper! LOL Will see how it turns out. I am also thinking a possible push to the 76.4 before it reverses around NY open. Well off to bed. Will see what transpires in the morning.
can you show us a chart of the divergence. wheres the fib taken from,thanks
Mind if I chime in?
Sell stop on Cable at 1.5773, s/l at 1.5807