We’re still trading within the 4-hour trading range so ...
I’m leery / aware-of SELLing into rising SUPPORT :
I like how smooth the SELL-off looks / looked here on the 15 min. :
did u abandon ship on this trade or are u still hangin in?
I’m back to my busy schedule ...
& probably won’t be able to participate on the Forum as much as I'd like.
I did close the short as the 1 and 5 minute timeframes crossed BULLish ...
figuring we were sideways in this range and if we broke to the SELL side I could re-short :
If I were to *speculate* based on the price-action ...
the BEARish moves appear more impulsive & the BULLs on the corrective side :
and today the USD/CAD broke to the long side, which could act as a inverse correlation :
I’m experimenting with some different exit strategies based on market conditions, ...
Asia verse London & NY, waking hours opposed to sleeping etc.
Hope you*all are doing well,
One exit strategy I’m testing is opening a position in the morning (London) ...
& closing before bed (Asia) daily.
Notice the rubber-band like fake-out, pull-back before the BULLish break-out :
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