Now I'm short eur/usd at 1.4615 with stopsp at 1.4782 bid and take profits at 1.4315
i sold more usd/jpy to give me a average price of 110.31...I'm hanging short.
The 4 hour u/jpy chart suggest possible inverted head and shoulders and cup and handle pattern....I am staying sh ort against the top of the handle...Considering a reversal trade long if I get stopped out.
This is a bit confusing of a market here. It looks like USD may be finding a bottom after all. Time will tell.
"Everything is planned, there is no coincidence, the charts trend into the news. There is no need for crystal balls, just look at the action of currency to tell you the global news." MadTrader
ABout my old trades...I was stopped out of gbp/cad at break even (yes I was up about 120+ on that) and I was stopped out of my eur/usd long from yesterday...I cancelled the usd/chf short.
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