From Sunday candle price start to fall down and at that point my bias was short. Today I waited for price to go above opening candle and start to go down to swing low on higher time frame. I took partial at 3.6% profit and rest I left to target my original TP. Moved my SL so in anyway I would end up with porfit. Hope this help.
This is a proof of concept for a Trading View Script Addon for stepped and trailing Take Profit levels. A great risk management tool. It will give you 3 TakeProfit levels and one StopLoss that will rise as TP targets are hit. You can set the TP levels as % of the price as is common for many trading tools. The additional trailing for the third TP level is an extra...
Looking at taking profit very soon for a nice easy short, we will come into this major support se expect some sort of bounce at the least!
Complete Top-Down Analysis from Daily timeframe to 30min timeframes. Discussed how to map support and resistance levels, break and retest strategy, how to use multiple timeframe confluence for entries, and how to manage trades. Trading is simple; psychology is hard. Always approach the markets from an analytical perspective.
Hello everyone, here is the top-down analysis for GOLD, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Disclaimer : The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Hello everyone, here is the top-down analysis for USDHUF, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!