DISCLAIM : I AM NOT POSTING THIS FOR ANYONE TO TRADE ON MY BEHALF I AM NOT A FINANCIAL ADVISOR PLEASE KNOW YOUR TRADES ARE YOUR OWN CHOICE . DYOR
As A Returning Trader, I Have Been Watching Trader News And Other Traders Trade Ideas. I Am A New Oanda User So I'm Learning The Platform And Timing With My Entries And My Exits.
I Have Been Considering Short Trades During The First Few Days Of The Week As The DXY Seems To Continue To Rise My Most Watched Pairs Are AUD/USD, EUR/USD, And GBP/USD And Occasionally USD/JPY But My Focus Are The First 3. (I May Trade These Currencies To Focus My Trades With Gold But In The Meantime) The Dollar Value Has Gone Up For 4 Weeks Now And If It Continues Thes Pairs Will Still Be Good For Shorts. Im Posting This On A Saturday Checking My S/R Levels For The Upcoming Week...
Im Not Too Confident About Exact Numbers But AUD/USD Has Already Broken Support For Me. GBP/USD And EUR/USD Have Already Made It To My .50 Fib By Friday But Theres Still Room For Movement I Might Wait For A Little Bit Of Retracement Before I Think About An Entry .
Any Seasoned Traders I Would Appreciate Any Feedback Or Ideas You Are Willing To Give.