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Akhh replied Feb 24, 2012SL on AUD/USD +20pips. End for this week. As always some analysis on weekend.
High Probabilty Trading
- Akhh replied Feb 24, 2012
Well if someone took no GBP/USD it can be nice - double top. And risk could be max 5pips. I didnt take it like i said - too many positions.
High Probabilty Trading
- Akhh replied Feb 24, 2012
It can be nice short signal on GBP/USD too. But it can be too many positions.
High Probabilty Trading
- Akhh replied Feb 24, 2012
13:30 SL moved 1.07435 AUD/USD Its too early for potential targets.
High Probabilty Trading
- Akhh replied Feb 24, 2012
Im still waiting and i will take probably 2 trades - GBP/JPY or GBP/USD or AUD/USD. AUD/USD didnt breake night high so it looks strongest.
High Probabilty Trading
- Akhh replied Feb 24, 2012
11:50 There is potential trade on GBP/JPY too. Its now in wave 5. On strong S/R level and 5 = 1 now.
High Probabilty Trading
- Akhh replied Feb 24, 2012
image 2 levels are broken - i will wait for position somewhere last level. H1 DT still didnt give signal.
High Probabilty Trading
- Akhh replied Feb 24, 2012
Im still waiting for signal. Another lvl is broken - next lvl is 161,8 of wave A and 78,6 of last move down.
High Probabilty Trading
- Akhh replied Feb 24, 2012
Now im waiting for another move up and on this move i will look for enter.
High Probabilty Trading
- Akhh replied Feb 24, 2012
Now it is in this level. But i will wait for signal.
High Probabilty Trading
- Akhh replied Feb 24, 2012
On GBP/USD there is another level of reverse. Its about 7 - 15 pips higher than last high. Anyway H1 DT is still far from giving sell signal.
High Probabilty Trading
- Akhh replied Feb 24, 2012
No. I can be if price reach blue marked levels and DT will give me sell signals. Now its just analysis of potential reversal point.
High Probabilty Trading
- Akhh replied Feb 24, 2012
GBP/USD Similar situation to AUD/USD ABC correction of last move down. And there can be really big move down. image
High Probabilty Trading
- Akhh replied Feb 24, 2012
Today i see 2 potential setups. AUD/USD: image There was a wave down 1. Now we have correction of this wave. On 15minute chart its ABC correction: image It can go to blue level. Its 78,6 of wave 1 and 100% of wave A projection.
High Probabilty Trading
- Akhh replied Feb 23, 2012
I dont see any good setups. Only 1 potential trade is GBP/JPY if it will go down.
High Probabilty Trading