Week 3 SZL are set as indicated.
Price action determines either a or b playing out with adjustments and variations.
Entry on 5mins TF with SL @ 10-15pips
By pinching +225pips last week, the year is off to a good start
Price action determines either a or b playing out with adjustments and variations.
Entry on 5mins TF with SL @ 10-15pips
By pinching +225pips last week, the year is off to a good start
Trade active
First Buy for the week @ 315SL -10pips
dtp 23820
Trade closed: stop reached
entry @315 closed be Reentry @138 stopped out for -10pips
Buy reentry currently pinching +30pips
Note
Price pinching +50pipsMove SL +15pips
Note
Price pinching +100pipsMove SL +40pips
Note
Entry @ 074 closed for 40pips3 trades: 0/-10/+40 = 30pp
Buy continuation entry @965
SL -10pips
Note
Entry @ 965 closed in LossReentry @977
Price pinching +20pips, move SL to BE
Note
Entry 977 closed for +20pips5 trades: 0/-10/+40/-10/+20 = 40pp
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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.