Week 51 SZs are set, including predicted price paths a or b. As Always price action determines trades
Trade active
B it is. Sell entry @ 627 SL -10pips
Trade closed: stop reached
Sell reentry @ calculate level of 931 SL -10pips
Note
Price pinching +20pips. Move SL to BE
Note
Sell reentry @ 931 closed BE 2 trades: -10/0 = -10pips Buy entry on previous resistance @ 965 SL -10pips
Note
Apologies for late post. Buy entry @ 965 closed in loss 3 trades: -10/0/-10 = -20pips Buy entry @ lower SZ currently pinching +20pips SL @ BE
Note
A good week again. 4 trades : -10/0/-10/+100 = 80pp My strategy highlights the importance of keeping losses as small as possible and letting winners run Thanks to all who followed and took time to look at the posts. Have a 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.