Disliked{quote} You could be right, I cant see a lot of activity personally one way or the other at present. Although if I had a short concern, it would only be the rejection hammer bar on the 4hr chart...so im wary of that at mo, hence holding til i see a clearer picture, prob london open time for me i think....g/l on any shorts o/night tho, but bit too risky for meIgnored
I have had a short bias since beginning of the week however been longing intraday scalps - today my view almost changed pending the previous higher low on my chart being taken out and left behind but that failed, so for me a new higher low has just been created so opened some shorts based on that looking for the best price to enter. My entries are now protected with a BE SL now so either way I can get a good nights sleep and see what PA is saying tomorrow morning.
I completely forgot the JPN BH tonight as Zaghloul mentioned.
It is based on the "poor" up move today I am confident in my shorts again.
The 4HR rejection bar is a concern and was a concern at the time PA formed it however, as i've said a few times I was looking for a continuation from there which failed IMO intraday.
I could be totally wrong but as I have increased my RR this week on trades, I am looking for the earliest possible entries intraday.
Goodnight all
To live a successful life, we must lose our fear of being wrong