First trade this week was a breakeven. I went long on EU at 1.6421. It went up to 1.6431 so I moved my stop to breakeven then it turned back on me. It was a countertrend trade, no damage done.
I've been EURO 'basket' trading...right now I have open positions on all of these crosses and exposing divergences on the following pairs... EUR/USD EUR/AUD EUR/NZD EUR/JPY EUR/CAD EUR/CHF EUR/GBP
oh yea...sorry for not keeping up with my own forum...been busy...looking to expose these divergences in the EURO 'basket'...how has your trading been going?
Double top formed on the M15 and H1 AU charts. Possible right shoulder on the H4 (maybe!), but either way resistence held and I am looking for shorts as it approaches this resistence. h4 Fibs has support around .8315 (50%) and .8279 (38.2) so any downdraft is probably shallow short term, but keeping an eye on SP, oil and gold
Daily chart, I'll wait for my next s/r numbers, we'll see if they are close to the trendline. That's it, my plan in a nutshell.