What do you think about today's market?

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beneforex
27
beneforex  

Hey all, what you guys think?

Any recommendations?

Marco vd Heijden
Moderator
7879
Marco vd Heijden  

MQL5 Market?

Financial Market?

Food Market?

Stock Market?

Feel Good Market?

Which Market?
yogureee
83
yogureee  
beneforex:

Hey all, what you guys think?

Any recommendations?

The currency pair I'm interested in the most now is USD/JPY 4H.

Whether to break the down trendline and go up

or break the support line and go down.

USD/JPY4H20180809 08:00

Marco vd Heijden
Moderator
7879
Marco vd Heijden  
yogureee:

The currency pair I'm interested in the most now is USD/JPY 4H.

Whether to break the down trendline and go up

or break the support line and go down.


I have a long signal for that one.

yogureee
83
yogureee  
Marco vd Heijden:

I have a long signal for that one.

The daily chart is in an uptrend, and it is very good price to buy the dip now.

If the price goes up, next thing we hope is to break the descending top trendline of 

symmetrical triangle on the monthly chart :)

Marco vd Heijden
Moderator
7879
Marco vd Heijden  
I have the next short signal @ 110.590 and it's now @ 111.142 
Marco vd Heijden
Moderator
7879
Marco vd Heijden  

@yogureee so what did you do ?

It did break your line level on that chart you posted yesterday.

It's interesting to see because it did not break my level yet.
beneforex
27
beneforex  
yogureee:

The currency pair I'm interested in the most now is USD/JPY 4H.

Whether to break the down trendline and go up

or break the support line and go down.


Wait for it
yogureee
83
yogureee  
Marco vd Heijden:

@yogureee so what did you do ?

It did break your line level on that chart you posted yesterday.

It's interesting to see because it did not break my level yet.

USD/JPY 5m

Above is USD/JPY 5 min chart.  There are 4H resistance and 4H support at the top and the bottom.

1.  The price didn't hit the "sell limit" order, and I went to bed.   (no trade)

2.  If I wasn't out, I would have gone short and closed the short position at 4H support.  (no trade)

3.  I had a short position and  it reached stoploss.   ( -10 pips)

4.  Another short position, but this time I closed it as soon as when I felt the price stopped, 

    because the price was supported twice (7:20 and 10:45) by 4H support, that has the possibility 

    to skyrocket based on Daily chart.  (+15 pips)

It's over for today.

Mathis Jayden
46
Mathis Jayden  
Market is moving as always
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