AUDUSD January 2019 3rd Run (Bullet) Total Trades - 6 Wins - 3 Losses - 3 P/L - (+15.29)
AU December 2018 3rd Run Total Trades - 1 Wins - 0 Losses - 1 P/L - ( -1)
Bullet Reversal Backtesting 2nd Run Total Trades - 5 Wins - 1 Loses -4 P/L -(-2.03)
Total Trades - 4 Wins - 2 Loses - 2 P/L -(+10.56)
This is My Bullet reversal Backtesting for this month Total Trades - 2 Wins -1(+6.56%) Loses -1(-1%) P/L - (+5.56%)
this is bullet reversal my personal backtesting Total trades - 7 wins - (+10.47) loses - (-4) P/L - +6.47
I did not manage to forecast yesterday, but luckily nothing crazy happens on Mondays. Here we are looking at a possible sell set up on UJ. I see 2 possible scenarios: Scenario 1: Price breaks the 108.096 zone and retests it , giving us a sign that bearish momentum is starting to pick up. Scenario 2: Price breaks the 108.389 after creating a new recent high, that...
With a channel forming and the wicks becoming more prolific, I am definitely waiting for the recent High to be broken and a retest to happen within the 1.19462 zone. As simple as that. This might be the end of the current downtrend (L,H,LL,LH) and start of an uptrend(H,L,HH,HL). Probably looking to get in with a 15 pip SL and will be trailing my SL till the trend...
EJ has been quite corrective so I will be very cautious with my entries on flag formations. However, I do see a POSSIBLE set up. I am waiting for a HL to be formed and the previous High to be broken within the the RECENT levels I have on the chart. Once that happens, I am good for entry. However, as stated, EJ is super corrective so I am not committing too hard...
The Current Market Space is not ideal for me to trade, so I am waiting for the recent high/low to be broken and a flag to appear once price has impulsively broken these levels. I trade the flag differently from the conventional teachings, because the way I trade them allow me to reduce my risk as soon as possible and allows me to ride the momentum of the trend...
Clearly had downside momentum with a descending channel. We then impulsively broke this to the upside. If we now get a break of the minor low I will be looking to get into longs once price gives me a bullish candle.
Loadsah people are occupied with Gold and Bitcoin etc. That's fine - cuz people go where crowds go. I'm not 'people'. I go where there is a better chance of gain for lesser risk. I explain why I see Silver as the big one on the horizon. Disclaimers : As usual no guarantees. If you cannot stand losing money don't do trading. If you lose your money sue yourself.