ash.invest » Thu Oct 30, 2014 8:42 pm wrote:
Dudest: On the H4, seems we have had 2 pushes down and possibly a 3rd Push is coming. Did you take the retracement long trade on M15. I will wait for the M15 to form an M and then short.
M15: Going up, but forming an M inline with the 3 level down push on H4.
Hi Ash!
Yes on both counts, i.e,
a) knew another push downward was coming (didn't think it was coming this soon!)
b) took earlier posted M15 'M' + 'trickery' buys as retrace trades
Thought they would have gone higher to be honest. Luckily, since Asia session is my night and I wasn't going to be at the PC, I set stops,... for which I am VERY grateful, seeing how things turned out in the past 8 hours!!!
On the plus side, remember all the YEN long trades I posted earlier? ( EURJPY, CHFJPY, CADJPY )
Was still in all of them

(trailing stops have not been hit on EURJPY, CHFJPY all this time) and those have exploded in my direction