CHFJPY: LTF CURVE ANALYSIS (155m) ✨ (DOWNTREND)
SLO2 @ 179.36 ⏳
SSO1 @ 178.806 ⏳
SSO2 @ 177.519 ⏳
TP1 @ 175.068
TP1a @ 173.75 (secret TP)
TP2a @ 172.50 (secret TP)
TP2 @ 171.491
TP3 @ 169.148
BLO1 @ 168.585 (leave as a price alert)
🔑
BLO = BUY LIMIT ORDER
LTF = LOW TIME FRAME
PA = PRICE ACTION
SL = STOP LOSS
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
DISCLAIMER: PA is at its ATH and it keeps going long.....however, I'm of the notion that there may be an opportunity to capitalize on this pair.....finally! PA is good stop and our R:R is enormous. I'm personally taking a chance on this one as I know how to manage my risk. If you don't, just watch and see what happens. In any case a risk tolerant -SL should be used & in place in these particular situations. THIS IS NOT FOR EVERYONE!!!! I'm only posting to track for my own personal reference.
Short-term time frames (1-minute to 3 hour):
— Highly volatile, price movements can be fast and unpredictable.
— Suitable for day trading and scalping, but require constant monitoring and quick decision-making.
— Not ideal for beginners due to the risk and stress involved.
SLO2 @ 179.36 ⏳
SSO1 @ 178.806 ⏳
SSO2 @ 177.519 ⏳
TP1 @ 175.068
TP1a @ 173.75 (secret TP)
TP2a @ 172.50 (secret TP)
TP2 @ 171.491
TP3 @ 169.148
BLO1 @ 168.585 (leave as a price alert)
🔑
BLO = BUY LIMIT ORDER
LTF = LOW TIME FRAME
PA = PRICE ACTION
SL = STOP LOSS
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
DISCLAIMER: PA is at its ATH and it keeps going long.....however, I'm of the notion that there may be an opportunity to capitalize on this pair.....finally! PA is good stop and our R:R is enormous. I'm personally taking a chance on this one as I know how to manage my risk. If you don't, just watch and see what happens. In any case a risk tolerant -SL should be used & in place in these particular situations. THIS IS NOT FOR EVERYONE!!!! I'm only posting to track for my own personal reference.
Short-term time frames (1-minute to 3 hour):
— Highly volatile, price movements can be fast and unpredictable.
— Suitable for day trading and scalping, but require constant monitoring and quick decision-making.
— Not ideal for beginners due to the risk and stress involved.
Note
Well, well, well. It appears that the analysis is working out. For those who have followed me and took the leap, thank you and you're welcome. This trade provided about 8 opportunities of which I've got all 8 and all are running with +SL's in place. Add-ons are providing additional profit potential and making this a wonderful day. If you've decided to engage in this trade, congratulations..... you're on your way to massive pip profits. Happy trading all!!Note
WE'VE GOT TP'S...... SLO2 @ 179.36 - TRIGGERED
SSO1 @ 178.806 - TRIGGERED
SSO2 @ 177.519 - TRIGGERED
TP1 @ 175.068 - BANKED
TP1a @ 173.75 (secret TP) - BANKED
TP2a @ 172.50 (secret TP)
TP2 @ 171.491
TP3 @ 169.148
BLO1 @ 168.585 (leave as a price alert)
As anticipated, we've hit our secret TP that should give us great profits before a potential PB. This trade may get to our secret TP2a and allow our final two orders to secure more profits before we begin to do add-ons. Let's see what we get....
Note
AND ANOTHER TP HAS BEEN SECURED....We've officially banked TP2a for profit. Now with shaved orders and 1 regular order running, we've locked in good winnings and are looking to secure the rest on this trade! Let's see how a PB allows for add-on updates to maximize our winning profit potential.
WE'VE GOT TP'S......
SLO2 @ 179.36 - TRIGGERED
SSO1 @ 178.806 - TRIGGERED
SSO2 @ 177.519 - TRIGGERED
TP1 @ 175.068 - BANKED
TP1a @ 173.75 (secret TP) - BANKED
TP2a @ 172.50 (secret TP) - BANKED
TP2 @ 171.491
TP3 @ 169.148
BLO1 @ 168.585 (leave as a price alert) - DON'T SET... WE'RE TAKING THIS TO THE HOUSE
Note
Excuse the delay, but all TP's have been banked and this trade has been satisfied. Congrads to those who held to the end. 3 orders fully secured for over 2500 pips!!! More to come soon....
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.