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I tried to post last night after your post but my internet was being crummy and wouldn't load the site.
I responded by saying that I'm open to shorting it as well.
The best position is a neutral position IMO.
The chart was obviously a failed chart for me but a great opportunity to short.
I didn't play it as I was super tired this morning and needed my sleep.
New news for the Euro, same story.
I'm going to post charts I'm eyeing before my entry.
Once I enter, I will post live entries, targets and when I exit.
Right now, I enter my positions with 3 lots and scale in 3 lots as the trade progresses.
The Loonie has moved out of the channel.
Accumulation pattern has been forming over the past 3 months.
Wholesale buys for longs are currently between 1.0180 and 1.0120.
I'm also watching out for redistribution to the short side and will
be checking on the lower time frames for a better view.
I posted this yesterday over at HSM in regards to /ES
Originally Posted by IchibomB
Short Term Accumulation in this range still in effect for /ES
If price drops tomorrow, I see possible buying opportunities for the short term trader.
I wouldn't be looking at anything medium or long term quite yet.
