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Sniper

HUGE Reward Potential Setup on EURUSDThe price action algorithm has given us a juicy looking setup on EURUSD for a nice intraday play of 100+ pips. Based on my previous experience in the market, EURUSD has given a point of interest that I am willing to enter on if I see the right price action once price reaches into this area. I need to see price action discrepancies before entering alerting me that this could be the point in which the market is turning around. If I don't see price action showing signs of exhaustion and absorption, I will not be entering this move. If you decided to enter this trade, never risk more than what you can stomach losing. The name of the game is capital preservation, not getting rich overnight. I keep my risk small and my rewards extremely high on every setup. Because of the high reward and low risk, my accuracy is low but when a trade does hit, it recuperates all lost capital and bestows profits. This is why a high risk to reward level is imperative for long term success.
Long
by jefferytheartist
Potential Long Opportunity on CableBased on my past experience in the market, the price action algorithm has given us a potential long opportunity for GBPUSD. When price begins to reach into my POI at this area, I will be watching price action for signs of exhaustion and absorption. If I see the type of price action discrepancies that I like to see before entering a setup, I will be pulling the trigger on this move here for a low risk, high reward setup of over 1:10. I do my best to keep all my setups beyond 1:10 so I can ensure myself as many opportunities to profit as possible. A high reward typically trumps a high accuracy in the long run. Never risk more than what you can stomach losing on any one trade. The game is based on capital preservation 1st and risk management 2nd. Trade wisely.
Long
by jefferytheartist
GBPUSD HOLDINGS 1.23I still am expecting to reach the Target of 1.23 as TP from last week trade this just a little update on how its going. currently up 70pips from last weeks trade - ill tag the idea here to so u can see the sniper entry of it. I do expect GBPUSD to fly sky high for next week. IDEALLY we want to be out before the RED FLAG news kicks in. but if there prices are still the same well hold through out the NEWS. GBPUSD 1.22 PARTIAL suggest u take to cover SL. (130pips away) TP 1 @ 1.23 305PIPS MOVE TP 2 @ 1.24 505pips move
Long
by Arafaaat7
1
Potential USDCAD Long SetupThe market maker algorithm has presented us with a potential buying opportunity. Mind you this is end of day so there may not be volume to push it to targets until next week. However... Based on the current price action that I see, there is a potential 10R setup at this exact level if it holds. Price action has respected this level previously and left fair value pricing above. If it breaks the daily bank level and breaks through, we could see a push to the target. If you decide to take this trade, realize that risk is your 1st concern. Never risk anything more than what you can afford to lose in any single trade. 1-3% maximum is optimal but you can use whatever risk suits your appetite. Happy trading and a happy new year.
Long
by jefferytheartist
2
USDCAD Snipe SetupThe market's price action algorithm has given us a potential short opportunity. I am looking at a low risk sell limit order at this level based on the pricing that has been accepted in these areas. Please note that this setup is not guaranteed as nothing in the market is. Pay attention to price action as it develops. This limit may or may not activate today, if it runs halfway to target, I will leave it alone. Happy trading, never risk more than you can afford to lose in the market.
Short
by jefferytheartist