The Moneybags journal - Page 4
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Thread: The Moneybags journal

  1. #31
    No Difficulty Fabian. It is someting else to consider I guess.
    Another challenging pair to trade is your AUDNZD.
    Setting entries and exits could be pretty tough sometimes. Price whipsaws down and up all of the time so that you always need to give it some space.

  2. #32
    With a baby has actually affected my ability to post....
    For some reason I dont have as much time on my hands.

    Anyhow, here's a setup I am looking at.
    I4B for USDCHF. Perhaps a change coming, or that item will break down and drop hard. I guess the interest rate announcement tomorrow might do the trick in any event.
    Price has been consolidating less or more the past 4-5 days. It's prepared to make a move.


  3. #33
    Here's a trade I took yesterday.
    I moved after the break of that 4H Pin bar.
    It was off a current trendline as well as a PPZ I had in my charts.
    It was a little risque due to NFP, but I figured if price went the way of this EUR this would work out. I kept a close eye on it.

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