We hit TP and we move. Clear your charts and start analysis and forecast all over. Well done, if you reached your daily target even better.
I love how this worked out but we cannot attach feelings to trades. So now we wait for the retest to complete and then we re-enter and ride it down.
⚠️⚠️⚠️⚠️⚠️Stay away from this idea, it's something I just want to test. I post my ideas as reference for myself and to track my progress, so I'm posting it so I can document in-case it backfires. It follows my criteria to enter trades (RR, candle confirmation, pattern confirmation, a pair I have back tested)
Still running, but move SL into TP (According to your trading plan & goals). Dollar gaining back some of the strength it lost but as more and more talks go on about the one currency idea, we could see a further move down.
We had a break down and stuck in a channel so we are waiting for continuation in order to confirm where we are going. All the news about leaders and countries seeing the possibility of moving away from a Dollar back market has allowed currencies to gain strength and the Dollar to weaken.
Updated idea of GJ, the market has gone down and tested. We are now on the way up and we can keep shooting further up. All we waiting for is the break of channel, retest and then we enter once again.
Bigger timeframe has shown us an inverse H&S and the neckline has been broken. Currently we had a double bottom and slight move upwards. Where we allows for either a pullback before fully bolstering to the direction it wants to. My analysis is showing me a long but I will wait for further confirmation before entering.
I am waiting for the pullback and impulsive breakout before entering. This is where I would be willing to enter after the pullback (retest), it could also just bolster all the way up. So for now we wait and watch.
The market has been favourable after the announcement of the consideration of one currency. Last week we saw the Dollar take a hit and the Rand gain a few muscles. With this we go in with a smile but with caution because our Repo Rate was also adjusted so the gains are not necessarily the best of options.
Here is how I am really seeing it and what my forecast says, after this I'll be focused on UZ. Even though I see this, I have opened up the probability of being wrong and the market turning the other completely.
I am seeing this melt for quite a bit before it breaks out of this channel and continues the bullish trend. We are still in the pullback, ZOOOOOOOM THE FCKU OUUT and you'll see there's quite a bit before the bigger trend. UNLESS If we have a break to the upside and retest then we have to prepare for a very volatile market because demand is on the upside but...
I don't think I posted this and did not even take the trade🫣🫣🫣🤣🤣🤣🤣. Mentally I'm just not fully around but I am trying and will still let my trades do as best as I can. I'll be okay and have things fixed and fully chart based.
Stopped out but it's fine, because it hasn't punished our capital. Just a small hit but we wait and watch as now we have more information as to what the market is supplying, even though it's against demand.
This is what I'm seeing after this double bottom completes. There will be heavy demand to the upside but till supply is provided we watch and wait, being impatient will be a costly thing. So also stick to your rules and trade your rules.
Lots and lots of entries. I had even forgotten that it hit TP. So now we ride until but we move SL into further TP
You should have been stopped out in profits but now we wait for the retest before we enter once again.
Move SL into profits, remember you're a money manager not a gambler. I've added another in accordance to my plan. PLAN THE TRADE AND TRADE THE PLAN.
The impulse was great but the current volatility is not enough, so the pullback will hurt and will punish ignorance. So either move SL up or SL into profits.