Meanwhile, on H4... Chart shows the rough levels I am watching... The main resistance level here is 1.1720... While below it I stay a seller! Currently, I am chasing for a new short opportunity around nearest resistance at 1.1701.. Nearest bear ...

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Once London opens we must watch 1.1707.... If H1 candles still open below it I keep my bearish bias! If not, and H1 candles begin to open above it, I would maybe switch back to bullish... Depends... Let's see... Happy trading day folks

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While H4 and H1 candles open below 1.1710, I stay bearish! *Keep things simple and you will never get confused.

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I think we will eventually retest 1.1666... i.e. the devil

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Opened new sell order here at 1.1715...

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Stepping down to M5 once again to look for another sell signal...

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Stepping down to M5 to look for a new sell signal..

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Quick H1 Outlook Next I want to see if 1.1713 stays resistant.... If yes: (1) I would try to sell the retest... If no (2) I would switch back to buying dips to ~1.1713... Let's see how it goes...

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Closing this order here at 1.1706 with +13 pips... Will try to reload again later...

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Thanks for the positive feedback brother... I have not shared such yet... BUT I am thinking of adding my practical thinking on position sizing soon as a bonus at the end of my Q&A thread... For some time I was working on summarizing my thoughts and ...

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Take the loss and switch bias to bullish... there is no other way... I hope it answers

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I keep my short order... Next I will watch: 1.1744....

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Just opened short at 1.1719...

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Stepping down to M5, to look for short opportunity...

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D1: I stay bearish until ~1.1652 area gets properly retested... That's where bears are headed! *1.1719 area is potential nearest resistance...

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H4: So far, Asian bears did a good job... and momentum is also intact... I marked ~1.1718 area as my nearest resistance... and I want to keep selling while H1 and H4 candles open below! Happy new trading week folks

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Quick H1 Outlook for Monday Market could open with a gap.. but avoiding that possibility for now, these are my thoughts with current picture in mind: Sellers are grinding lower inside a channel. We are at the lower half nearing the lower edge of it. ...

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All newcomers are required to first read our rules on page 1 before posting... Thanks in advance

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Closed all and I am on sidelines now.. Calling it a day folks... Enjoy your weekends.. See you next week... Peace out...

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