Slow and steady pace.
Last week, it was mentioned that trading zone/level is calculated between 0-1000.
This means price of importance is 1 of 2 values
1. x
2. 1000 -x
This week will be 065/935 in addition to the zone below.
As always price determines trades
Last week, it was mentioned that trading zone/level is calculated between 0-1000.
This means price of importance is 1 of 2 values
1. x
2. 1000 -x
This week will be 065/935 in addition to the zone below.
As always price determines trades
Trade active
b playing out.Entry @041
sl -10pips
Trade closed: target reached
Here it is. Price whipsaw quite alot around primary values.The break above from the low of 798 gives a distance of 265 from 065 level, which generated a level of 265 and an entry 228 which closed for +20pips due to the bounce at primary value 935 with a buy entry @964 .
if that was confusing, apologies.
2 trades so far : 0/+20
Entry @964 pinching +50pips
Sl @ +20pips
Note
Price pinching +100pipsMove Sl +50pips
Note
Strong momentum.Trade closed for +120pips
3 trades : 0/20/120: +140pips.
Mondays right?
Trading for the week concluded.
Protect your capital, have a good week and restful weekend
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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.