Worm In The USD Apple!!
An live example of position execution in EURUSD...Vol has been trading at all time lows with EUR in a 10 tick weekly range. I am looking to fade the extremes.
For the execution here we have infamous Worm In The Apple alerts triggering... I am going to give some room for bears to run the stops to the downside again. In usual circumstances it will be a good opportunity for bears to load, however smart money who understand the macro flows in play will ping the lows into year-end.
This is for expert traders only, for those new and first timers who haven't played "Worm In The Apple" you can see a live examples of the exact same flows in GBPJPY here:
For the macro flows we can comfortably lean on the next wave in EURUSD:
Lastly the Long-term chart from 2018:
Those tracking the buy side can use this chart to know in advance that 1.0975 will be bid, a lot of demand interest from private clients I work with
month and year end positioning in play. Genuinely most of the time the stops will only hold on a solid price driver, the move down I expect to be soft and flimsy allowing transition of ownership.
Best of luck all those looking to bid the lows, please keep the support coming with a like and comment your ideas, suggestions and questions.
For the execution here we have infamous Worm In The Apple alerts triggering... I am going to give some room for bears to run the stops to the downside again. In usual circumstances it will be a good opportunity for bears to load, however smart money who understand the macro flows in play will ping the lows into year-end.
This is for expert traders only, for those new and first timers who haven't played "Worm In The Apple" you can see a live examples of the exact same flows in GBPJPY here:
For the macro flows we can comfortably lean on the next wave in EURUSD:
Lastly the Long-term chart from 2018:
Those tracking the buy side can use this chart to know in advance that 1.0975 will be bid, a lot of demand interest from private clients I work with
month and year end positioning in play. Genuinely most of the time the stops will only hold on a solid price driver, the move down I expect to be soft and flimsy allowing transition of ownership.
Best of luck all those looking to bid the lows, please keep the support coming with a like and comment your ideas, suggestions and questions.
Note
Eyes on the apple !!!Trade closed: target reached
TP1 hitTrade closed: target reached
Well done bulls... 1.109x TP2 hit!
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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.
Related publications
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.