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benaiah replied Dec 23, 2014NP. Glad you posted the ascending triangle. Another view on a scenario that could play out...
Bull City Baby! Buying Opportunities
- benaiah replied Dec 23, 2014
Good chart
Bulls need an H1 close above 120.80, and looks like they are really pushing for it. Next 2 minutes are key...Bull City Baby! Buying Opportunities
- benaiah replied Dec 23, 2014
Looks like it found support. Breakout pending. Can it follow through??
Bull City Baby! Buying Opportunities
- benaiah replied Dec 23, 2014
I'd look for it to find support somewhere in the blue area, depending on which scenario plays out... Would love to see a break out, but it seems to be hesitating at the moment...
Bull City Baby! Buying Opportunities
- benaiah replied Dec 23, 2014
Probably won't jump out right away, but if 1 or 2 support levels fail after failed attempt to breach 120.79, then I might jump out...
Bull City Baby! Buying Opportunities
- benaiah replied Dec 23, 2014
So, we remain in consolidation for now. 120.79 is the last swing high that needs to be taken out. Last 4.5 hours, trading in a range. But the breakout should be nice
and looks to make another run at it soon... If price bounces off 120.79 again, I ...Bull City Baby! Buying Opportunities
- benaiah replied Dec 23, 2014
Sorry, can't always respond to everyone, as I'm busy watching the 1 minute chart
But thank you all for positive feedback on the thread. And good to see good trading results as well from several here. And love the back and forth encouragement. I ...Bull City Baby! Buying Opportunities
- benaiah replied Dec 23, 2014
121.30 is the next target. Will probably TP at 121.18.
Bull City Baby! Buying Opportunities
- benaiah replied Dec 23, 2014
It's hard to share in real time, since things happen so fast. So, I usually only share trades that I end up riding through signals on higher time frames. Here's an entry I took a few minutes ago. I will be watching to see if price can get above the ...
Bull City Baby! Buying Opportunities
- benaiah replied Dec 22, 2014
Yes primarily. I don't always follow my own rules, and I usually regret it when I don't...
Bull City Baby! Buying Opportunities
- benaiah replied Dec 22, 2014
Only way to enter, imo is when price finds support on a retrace. But on strong uptrends like with UJ right now, the retraces are very shallow. I see at least 4 entry points last couple days on H1 chart on this move up. Like I said, I primarily trade ...
Bull City Baby! Buying Opportunities
- benaiah replied Dec 22, 2014
What time frame are you looking at?
Bull City Baby! Buying Opportunities
- benaiah replied Dec 22, 2014
Regarding the Asian session tonight, is anyone planning on trading that? I see it's a JPY bank holiday if I'm reading the calendar right...
Bull City Baby! Buying Opportunities
- benaiah replied Dec 22, 2014
TP on all positions as we approach NY close, in case there is some profit taking across the board... Edit: meaning, I took profit, not saying anyone else should
Bull City Baby! Buying Opportunities
- benaiah replied Dec 22, 2014
Why not just send a private message? No reason for the whole whole world to know what indicator you are looking for
Bull City Baby! Buying Opportunities
- benaiah replied Dec 22, 2014
Added a 3rd position for the final push... SL at 119.95 for overall +46 pips if it comes back...
Bull City Baby! Buying Opportunities
- benaiah replied Dec 22, 2014
Moved SL to 119.9 for +45 on one position and break even on the other...
Bull City Baby! Buying Opportunities
- benaiah replied Dec 22, 2014
Moved SL to 119.82, and added another position. SL = -8 and +38 = +30...
Bull City Baby! Buying Opportunities