13.8.2021 - Friday Morning Forecast
AUD/USD
-extended desc. channel
-are we seeing an impulsive break to the upside?
-is it a HP set up given it's Fri?
EUR/JPY
-very corrective and wicky
-staying out on this pair for today unless seeing a substantial impulse out of the range
EUR/USD
-a range; becoming more wickey
-are we going to impulse down with momentum or become corrective?
-if we become corrective, are we extending the desc. channel further to get involved?
-if we impulse up, are we out of the range to get involved?
-is the set up HP given it's Fri?
Note: Fridays tend to be corrective and in my experience I tend to have more "losers" on this day so I need to:
-see HP only
-take trades until until Fri afternoon - 5 pm (arbitrary time); evening onwards not taking any trades
AUD/USD
-extended desc. channel
-are we seeing an impulsive break to the upside?
-is it a HP set up given it's Fri?
EUR/JPY
-very corrective and wicky
-staying out on this pair for today unless seeing a substantial impulse out of the range
EUR/USD
-a range; becoming more wickey
-are we going to impulse down with momentum or become corrective?
-if we become corrective, are we extending the desc. channel further to get involved?
-if we impulse up, are we out of the range to get involved?
-is the set up HP given it's Fri?
Note: Fridays tend to be corrective and in my experience I tend to have more "losers" on this day so I need to:
-see HP only
-take trades until until Fri afternoon - 5 pm (arbitrary time); evening onwards not taking any trades