jupiter_peak
Well-Known Member
EURUSD just retested H1 intraday OB and resistance level for the second short of the day.
jupiter_peak said:EURUSD just retested H1 intraday OB and resistance level for the second short of the day.
jupiter_peak said:In regards to GBPUSD, we have changed the main direction on of the intra week move as the low of the week was taken out today. We have a new low for the week and an intraweek bearish market direction/structure.
Kudos who aknowlege the power of 3 and sold close to the top of the range/week.
Double Kudos for those of you who sold the pair today as well @ around the 6130 level.
Sqa, What day and time do you use for weekly open?sqa said:I'm finding great use in leaving a Line on my mark-up chart with the Week Open, projected out through 18 GMT on Wednesday. It keeps the eyes on the position of where we are within the week.
And I really wish I hadn't been away for that Cable entry on Tuesday. It was very juicy.
walshman said:Sqa, What day and time do you use for weekly open?
GdayFx said:What do you guys think about USDJPY atm
i'm at 4 x confluence
sqa said:I'd be looking for that Short above 108.50, not before. But that stack of D1 Order Block @ 108.65 would concern me.
Also, that TP might make sense to lock in, but if this is getting back to 105.60 this year, it's on its way to 104 something. Not saying it can't get there, I just wouldn't be looking for that Entry on a Friday. If we're headed back down, hard, it'll likely put in a high Monday Tokyo time.
My take on it, I think shorting (scalp because it'sFriday ) is a feasible idea.jupiter_peak said:I second that.
I have mixed feelings about UJ right now. Market seems bullish, but this could well be a false rally/bull trap. Besides, we already have an over extension of the weekly range and that issues opening positions in the opposite direction of the current move.
Am watching ES too as it has reached a 'strong' bear OB from october 8/9.