✨ EURGBP: ITF CURVE ANALYSIS (1D) ✨ (DOWNTREND)
BLO2 @ 0.8390 - TRIGGERED
BLO1 @ 0.8405 - TRIGGERED
BSO @ 0.84864 ⏳
TP1 @ 0.86494
TP2 @ 0.89195
TP3 @ 0.90902
SLO1 @ 0.91376 ⏳ (DO NOT SET - ONLY SET PRICE ALERT)
SLO2 @ 0.92314 ⏳ (DO NOT SET - ONLY SET PRICE ALERT)
🔑
BLO = BUY LIMIT ORDER
BSO = BUY STOP ORDER
ITF = INTERMEDIATE TIME FRAME
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
NOTE: Call me crazy, but after a bit of my personal analysis and checking the R:R (18:1) on this trade (which I labeled on the chart), many factors have made me willing to take the risk. Two of my orders have triggered and may play around these prices for a bit. You can watch again as I see how this plays out for me and we'll see what it returns.
Intermediate time frames (4 hours to 6 day):
— Offer a clearer picture of the underlying trend compared to short-term frames.
— Provide more opportunities for confirmation signals and technical analysis.
— Allow for more flexible trading schedules, trades can be held overnight.
— Suitable for swing traders and some positional traders.
BLO2 @ 0.8390 - TRIGGERED
BLO1 @ 0.8405 - TRIGGERED
BSO @ 0.84864 ⏳
TP1 @ 0.86494
TP2 @ 0.89195
TP3 @ 0.90902
SLO1 @ 0.91376 ⏳ (DO NOT SET - ONLY SET PRICE ALERT)
SLO2 @ 0.92314 ⏳ (DO NOT SET - ONLY SET PRICE ALERT)
🔑
BLO = BUY LIMIT ORDER
BSO = BUY STOP ORDER
ITF = INTERMEDIATE TIME FRAME
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
NOTE: Call me crazy, but after a bit of my personal analysis and checking the R:R (18:1) on this trade (which I labeled on the chart), many factors have made me willing to take the risk. Two of my orders have triggered and may play around these prices for a bit. You can watch again as I see how this plays out for me and we'll see what it returns.
Intermediate time frames (4 hours to 6 day):
— Offer a clearer picture of the underlying trend compared to short-term frames.
— Provide more opportunities for confirmation signals and technical analysis.
— Allow for more flexible trading schedules, trades can be held overnight.
— Suitable for swing traders and some positional traders.
Note
SO FAR, SO GOOD..... Trade is running well and both triggered order have a +SL in place to protect capital and a small amount of profit. Looking to wake up to my BSO being triggered and the trade well on it's way to TP-land. Currently up a combined 90+ pips. Let it ride....BLO2 @ 0.8390 - TRIGGERED
BLO1 @ 0.8405 - TRIGGERED
BSO @ 0.84864 ⏳
TP1 @ 0.86494
TP2 @ 0.89195
TP3 @ 0.90902
SLO1 @ 0.91376 ⏳ (DO NOT SET - ONLY SET PRICE ALERT)
SLO2 @ 0.92314 ⏳ (DO NOT SET - ONLY SET PRICE ALERT)
Note
FOR ANYONE WONDERING, THIS TRADE IS STILL ACTIVELY GOOD AND RUNNING. THERE IS AN ERROR IN THE DESCRIPTION - THIS SHOULD BE NOTED AS AN UPTREND. +SL HAVE BEEN HIT AND ORDERS REPLACED. CURRENTLY RUNNING POSITIVE ON BOTH BLO'S AND AWAITING OUR BSO TO TRIGGER TO HOLD FOR NICE LONG TIME. Note
Oh phuey..... the games!!!!! Anyways, this trade is still active but have 2 orders in DD. Original BLO2 is still intact. Now waiting patiently for other orders to get back in line and hit our TP's. PA could come all the way back to our entry at BLO2 so I'm being watchful, however I'm anticipating a good move in the end. Let's see what happens.
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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.