If CMP crosses above top zone and closes on 1H chart, take the Buy Retest.
If CMP crosses below the bottom zone and closes on the 1H chart, take the Sell Retest.
Go for 1:1 risk to reward MINIMUM. This strategy is 7-8 out of 10 (70-80%) but can produce upwards of 90% accuracy. Be patient. Be disciplined. Be consistent. 30 pips SL // 30 pips TP
*This is not...
Sunday started out below the demand zone // support // floor.
When price pushed above where the sellers were selling from, it retested. A buy position would’ve prompted a positive P&L (Profit & Loss) with a potential of 40+ pips!
Set your zone, let price show you what it wants to do. Set your alerts so you know when to look at the market. The market comes to us...
You must first own and tame yourself!
AUDCAD made higher highs until it stopped/turned/started again in the direction to create new lows. New lows started to form which broke below previous price points that had buyers interested (demand zone).
When my alert went off to signal to me that price had broken below, I set my Sell Limit and used a Stop Loss as well as...
