My thinking was to continue scaling in for a bounce at the 68% or 1.34-1.3415 but I will instead try and play that bounce directly tonight/tomorrow. 1.35 corresponds with the overall trend down and I wouldn't mind scaling up to that price range for the eventual long haul back to 1.31
I'm also in with a tiny short on the AUD/USD, trying to pick up 80-100 points on a bounce from .73 (previous resistance high). R:R looks too good to pass up yet since I don't often trade this pair, I'm keeping the position size tiny.
Some screenshots below show what I'm looking for...
EUR/USD:

AUD/USD:
No comments:
Post a Comment