LevenLopez

LevenLopez

When the price breaks its range trend it should hit my long and bounce up to the Origin level about it! Also because I am confident in this trade I am shorting to my long.

LevenLopez

I don't use currencycom as a broker. That said, Based on the soon-to-be origin level that is about to be made and that fact the price is trying to break through the trend line above. I'd say we are about to jump pretty high. I don't know how high yet, 0.5% plus would be reasonable. Though I would watch it to get the most out of the price climb

LevenLopez

I market bought in to start off which I could have easily limited ordered in, but I got too excited. That said, the price should follow the red line I drew. The reason I'd assume is that it will hit the hold level and drop to the Origin level at the bottom, all while staying in the globe trend area.

LevenLopez

Right now my take profit is set to 1.20ish%. Which is pretty greedy. That said, I am thinking of bringing my take profit to 1% since that would be more guaranteed. The simple strat that I got cooked up is, I saw the bottom Origin level hit first, then the top origin level hit. So my prediction is it's going to hit the bottom again. I didn't buy in when it hit...

LevenLopez

Yeah with this trade I should have been greedier, lesson learned for later trades. The level I have as "short?" is a break level I found on the 1hr time frame. For the 4hr sell point, I should have watched the trade before going to my original target which was a lot lower.

LevenLopez

On my way to a haunted house and it's kinda far so I thought I do this. (I'm not driving). Watched the price till it was about to hit my level. The. Predicted it's next move.

LevenLopez

I didn't really but that much TA in this one.... That said, it should hit that Reverse Level and then make it passed the 4hr Origin Level and straight to the 4hr Break Level.

LevenLopez

As you can see the 4hr time frame should have all the info that is needed to make this trade. Since I found the Origin Level for the top side, the bottom of the trade can be seen as laddering up by just the Hold levels. My prediction is that it will hit the Origin level and drop to the nearest Hold level. I would sell out at 11% which is about where the green...

LevenLopez

Used Weekly, Daily, and 4hr time frames. Based on the couple of trendlines that are going down, if the price does not break the trend then it will hit the selling point for this short.

LevenLopez

So I do see it going to the sell price, but if it does go past the sell level, it will hit the next level mark!

LevenLopez

Not a quick night catch, but should take about a whole day to get to the selling point. Follow me on OF ;)

LevenLopez

Here is my first paper trade! I put a decent amount of time in top trendlines but not as much as I would like to for the bottom. Time frames that were used were daily, 1hr, 15m, and 5m. Feedback welcome! BTW, bottom of blue box is buy and the top is sell

LevenLopez

Here is my first chart. Feel free to give feedback. The time periods that were used were 15m to 4hr. Right now just practicing accuracy.