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Friday, December 27, 2013
EURUSD Filled my order at sell zone (as per Monday's 23rd December Trade Setup )
Hope everyone had a nice break from the Christmas period!
For those back trading again, want to let you know the the EURUSD had reached my sell zone around an hour ago and filled my order for a short. This was an analysis and recommended trade setup from Monday the 23rd December. (pls refer to previous post or the blog post )
Please trade carefully and take partial profits as we hit fib levels
Cheers
USDJPY Post xmas trade
Hello Everyone!
Just want to share this trade setup I did prior to the holidays which got filled this morning.
(Unfortunately this trade setup was not in my blog of analysis and trade recommendations as I was too excited for the holidays and didn't end up writing it)
This trade is a counter trend trade with no replacements in my study. So therefore was using fib extention forecast to pin point possible retracements
- This level is a 161.8 fib ext
- weekly resistance pivot level,
- Physiological level
With three points - some sort of retracements is highly likely.
Currently took partial profits (majority of my trade out at 15pips) and will look for lower and b.e stops
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