Two very quick ideas for the upcoming Asia session.
Firstly USDJPY . I caught the possible right shoulder of the move . Stop at my b/e 112.42 ;
USDJPY-H1
Secondly CADJPY . A follow on from Monday’s chart idea . Another bite of the cherry with a short trade below 91.0. Original targets still valid .
CADJPY-H1
Collects more scalps than Crazy Horse and newly crowned Bitcoin & Dow top calling master.
Philosophy: "Trading rules.....it most certainly does"
Read how Horatio got into trading here
Philosophy: "Trading rules.....it most certainly does"
Read how Horatio got into trading here
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well Horatio (may I call you Horice?), You may well be right, it looks like a shoulder is forming. However, on the way down the PA has to contend with H1 100 MA @ 112.119 and the 200 day MA @ 112.075
As you can see, i do not use MA’s in my trading. Always good to know where our ‘imaginary friends’ are situated 🙂 Call me anything you like Johnners,( I draw the line at Doris ) you’re not usually so polite 🙂
great stuff Horatio 😉 keep it up…