your selling right on the downside of a range trading. and those 3 bear candles, see how small they are. it suggest they are lacking momentum.

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Remember patient is a vitue. That said chances are it should move befor end of friday. We have news coming out for CAD afterall.

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oh i've closed it at my 6 am which is the new candle for me which is about 3 hours ago

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i took EJ long. out of it by now with +8 pips. TDI gone flat. me thinks that unemployment claim destroy it

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watch out gu 4h tf is trading in range still. i wouldn't short unless it break range

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thx for the help. i am actually going to be monitoring EU EJ and AU 4h tf tonight. new 4h candle start in 1h42m so going to cat nap till then. btw, greetings from Vancouver

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no worries. Whats the time over there?

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Hi Emmanuel, can you please look over my prep work and see if i have done it properly? EU is on a downtrend at the moment both in daily and weekly support at 1.2860 1.2839-40 1.2748 1.2480 resistance at 1.2936 1.29950-1.3 RN accordingly i should ...

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Good morning. Sorry for the late reply Emmanuel. i actually did not notice that IB. what i do notice though is that it has been trading in small range (that's why the 2 orange line). my reasoning was if price broke out of that orange line, then it ...

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Took short on EU 1h chart reasoning: price broke the earlier day range

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I would say its a valid entry but risky. check 4h and daily trend, and you will see the pair is in strong uptrend

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while TDI and stoch confirm, i would not get in on it simply because the candle is so small lifeless no momentum candle.

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last trade for the day (10am)

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hahah gratz on bagging the pips. shame i did not get in on it also nice tp. price on GJ is turning back hard and is above that GJ short entry now

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ouch -50 now? btw, i noticed you keep calling me Greeneb?

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ive seen TOK-5 mentioned couple time lately....what is TOK-5?

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same here, lost 20 pips. took a long on GU at 2am my time, woke up 6am and its gone flat. i should have pull out but for whatever reason- i blame it on not enough caffeine- i did not pull out. would have been 10 pips lost and not 20.

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so i really am hallucinating =.= ....need moree pipsss

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EJ 1h looking like it wants to go down. or am i hallucinating o.O?

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This looks like a nice set up TDI cross down and Stoch going down. just not sure if i should take it. End of this candle is NY market closes.

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