HOLO - Highest Open / Lowest Open Trade

[LeMercenaire]

Update: Price has since pushed on through and continued to drop. Short Bias. Will be interesting to see if the US Open puts the brakes on this.

[LeMercenaire]

Sweet UJ move gave a super clean HOLO set-up to round off the day.

Always worthwhile checking UJ at this time, after hours UK time / late-in-the-session, US.

USDJPYH1lovelysimpleHOLOsetup2ndAug18.png (28.78 KiB) Viewed 2927 times

USDJPYM5asHOLOsqueezedouttoendtheday2ndAug18.png (27.64 KiB) Viewed 2927 times

I got that one but missed a beauty on the way up earlier in the day. Such is life.

USDJPYM5theHOLOonthewayupIdidntget2ndAug18.png (32.7 KiB) Viewed 2927 times

[LeMercenaire]

Sweet UJ move gave a super clean HOLO set-up to round off the day.

Always worthwhile checking UJ at this time, after hours UK time / late-in-the-session, US.

USDJPYH1lovelysimpleHOLOsetup2ndAug18.png

USDJPYM5asHOLOsqueezedouttoendtheday2ndAug18.png

I got that one but missed a beauty on the way up earlier in the day. Such is life.

USDJPYM5theHOLOonthewayupIdidntget2ndAug18.png

NB: The first chart example (H1 and m5) was the Short, the second one (that I missed) was the Long.

[LeMercenaire]

A lovely bounce off the DPV to give an even lovelier 1-2-3 entry long.

I actually missed this but got in on the rebound from the 50-Fib (Z-Line lite).

EURUSDH1classic50-fibreboundoutofa1-2-38thAug18.png (26.35 KiB) Viewed 2851 times

[LeMercenaire]

Saw this one as I had been asked to keep an eye on UJ today if I could...

USDJPYH1asHOLOeg9thAug18.png (31.84 KiB) Viewed 2825 times

USDJPYM15asHOLOentry9thAug18.png (28.85 KiB) Viewed 2825 times

USDJPYM5asHOLOentry9thAug18.png (29.1 KiB) Viewed 2825 times

[LeMercenaire]

Looking at it as a 1-2-3. Short entry at the red circle...

USDJPYH1theHOLOasa1-2-3Aug9th18.png (25.91 KiB) Viewed 2826 times

[Mira]

Saw this one as I had been asked to keep an eye on UJ today if I could...

USDJPYH1asHOLOeg9thAug18.png

USDJPYM15asHOLOentry9thAug18.png

USDJPYM5asHOLOentry9thAug18.png

Nice one LeM!
I can’t find nothing good to trade in these days, moreover my broker changed the leverage on FX products and now I need to find another one.
(37€ of margin for one micro on GBPUSD, are you kidding me???)

[LeMercenaire]

Saw this one as I had been asked to keep an eye on UJ today if I could...

USDJPYH1asHOLOeg9thAug18.png

USDJPYM15asHOLOentry9thAug18.png

USDJPYM5asHOLOentry9thAug18.png

Nice one LeM!
I can’t find nothing good to trade in these days, moreover my broker changed the leverage on FX products and now I need to find another one.
(37€ of margin for one micro on GBPUSD, are you kidding me???)

That's why I like The DAX. It just can't sit still.

For sure though, things are quiet. Takes a lot of patience to find something worthwhile. Easier for the scalper than the swing trader. The position trader is on the beach.

As for the ESMA s***. The weather is lovely in Australia and the Swiss have fantastic chocolate

[LeMercenaire]

Drop me a pm if you need the name of a couple of travel agents or tasty brands of chocolate.

[LeMercenaire]

Afternoon all. Back from a long weekend away and the markets decided to keep me busy.

This first was a 1-2-3 entry...

USDJPYH1as1-2-3triggered14thAug18.png (33.17 KiB) Viewed 2964 times

I wasn't absolutely sure this would run any distance, so I went in heavy and locked in +5 before letting a small portion run on to wherever.

As it turns out, it did keep on dropping South - though it took a while to get going...

USDJPYH1doingalrightas1-2-3Aug14th18.png (35.15 KiB) Viewed 2964 times

I also managed to stack into it as things got under way, to give me some of that weight back. In at the micro Supply half way down...

USDJPYM5stackedontothe1-2-3Aug14th18.png (46.05 KiB) Viewed 2964 times