Cad move to 10271 so far, moving stop up under 10230, still headed to 103 which is crucial area for next 3-5 figure move, but I have to step away so locking in profit in case a throw back to 10170-102 happens, eur intraday support for potential bounce is 13308-23 so watch price action in that entry for possible intraday long bounce trade.
No CommentsTrade posted to TAP at 8:41am ET. Buy EURUSD at 1.3337. Several technical confirmations converging at this level. S/R studied back in Apr.2009 at 1.3330, lower tunnel fib, retesting 1 hour trend line, and 1.382 fib extention from previous trend range. Looking for bounce back to 1.3370 for short target. Also resistance at 1.3415 and 1.3465.
4 CommentsCad longs added off the 10150 support now to breakeven. eur/chf did exactly 20 pips below the 14250 in asia then bounce back towards 143, would move longs to breakeven 4250 and under. targeting 4365. cad target still 103 handle once 10240ish taken out. just to be clear the levels I post are just daily levels unless I mention otherwise. so if I mention support for an intraday bounce trade, once used you have to watch price action at that level again for the day but dont carry that level to next day unless I mention it again. there is always a daily range with resistance and support where orders are but changes next day unless orders remain at same level.
2 Comments
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