Hey Spec, Long time since we have exchanged posts. Seems you still haven't any real idea about Forex. Now I post on another Forex Forum, where there are about 40 regular traders, none of
them put it out there like you do when it comes to their trading. So good on you. What happens
we have access to each others live trades, so there is no bullshit once the trade is out there.
Now I'll show you a chart where I have no idea what my trade will be at the moment. On this chart,
if you can read charts, are a few possible trades I will take. Chart is U/J.
So firstly I am looking at a possible Divergence trade at Res. if it triggers. Trade would be Short for 60+pips Stop roughly 30 pips. At around a possible AUD $12 a pip.
Second possible trade would be a break of Res. and most likely a re-test of Res cum Sup.
T/P aim, daily high at 114.542 if it breaks out. Stop about 40+pips. Long Trade.
The green line on the chart is a daily sup. which has held for a while, so depending on US elections, may continue to hold.
Now I have about 12 charts that I trade regularly, set up the same waiting for triggers. I won't post them here as there seems little interest on the Forum.
Now as you can see, unless you are completely devoid of any TA capabilities, it remains unlikely
at this very moment I could confidently tell you which way I will trade. Also Spec, spread those Stops
out a little or you will always get your a kicked.