I found two ways to trade this consolidation triangle on USDJPY:
Strategy #1 (aggressive approach):
Buy 50% of your normal position size at market and put stops beneath 95.70. Target is 104. Move stops to break even when market reaches 1:1 risk / reward ratio. Close 50% of your position at...
hi sive,
thank you for your in-depth analysis again, markets seem to be seesawing, and don't know which way to go.
morgan stanley said: A break above the august high of 1.3450 is unlikely,they said on sept 11, they took a short position @ 1.3450, and targeting 1.2600.
really doesn't...
Forex Market Makers and Brokers would be better suited to take a case by case, instead of a blanket policy, for each
circumstance. would make for better Broker, Trader relations. I'm glad case is pending resolution, hoping for the best
outcome. Goes without saying FPA gives all a loud voice.
Thanks for sound advice Sive,
I took a M15 short term position on a bearish move with a 100 Pip SL, working out so.
also, I found a bearish ABCD on the Daily that pushed me in the South direction.
Thanks for your reliable, consistently good quality daily analysis, and updates.
actually, my honest opinion, it is because the eur/usd sux to trade lately. i myself have shifted to gbp/usd, but i still read and watch your analysis daily
Nice,
I got in yesterday @ 13525, two orders. I'd like to close one @ 13600, move to break even on the other order and let it ride. Will see. We came full circle. Thanks for awesome analysis Sive.
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