Buyers ran the neckline of the m here and retest the neckline of the inverted hs this month! And I’d running up back to the m neckline thus this month was a retracement to buy!
Any sign of weakness is manipulation to go higher buy the down move or buy into retail selling like they will .
Think like them n then trade like them is how u improve your analysis…
How to trade it
Sl the sign of strength
Trade in partial and buy any move above the sl
Target 50% of the wick here..
Why this works?
See they have the resources to knock u out of a wining trade this will only Damage ur psych so to counter it trade partial above ur sl So when the run price low to shake out sellers and then retail buyers ur going into neg won’t impact u mentally and then add after the fakeout is done ..
We discovered this is the best way to trade even with sizes the method works best..
I don’t care 4 eurnzd in if to trade I’ll trade euraud cus I noticed nzd manipulation can run real steep n fast n brokers take full advantage of it increasing the spread per pip very high like an exotic. Thus easy knocking out 10 pips near ur sl is to viscous
But the layout here is solid still
Follow it
Gl
Any sign of weakness is manipulation to go higher buy the down move or buy into retail selling like they will .
Think like them n then trade like them is how u improve your analysis…
How to trade it
Sl the sign of strength
Trade in partial and buy any move above the sl
Target 50% of the wick here..
Why this works?
See they have the resources to knock u out of a wining trade this will only Damage ur psych so to counter it trade partial above ur sl So when the run price low to shake out sellers and then retail buyers ur going into neg won’t impact u mentally and then add after the fakeout is done ..
We discovered this is the best way to trade even with sizes the method works best..
I don’t care 4 eurnzd in if to trade I’ll trade euraud cus I noticed nzd manipulation can run real steep n fast n brokers take full advantage of it increasing the spread per pip very high like an exotic. Thus easy knocking out 10 pips near ur sl is to viscous
But the layout here is solid still
Follow it
Gl
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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.
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.