UnknownUnicorn493766
Conservative shot 5% Double bottom entry still setting up. 50 EMA confirmation for those needing to apply some more risk management. Either entry, double B or 50 EMA will result in the move higher. Approaching turning point. Last chance to board this train.
Bear trap on the 4 hour. Trap providing momentum to the above Weekly / Daily level Entry at Value, Then ... Reversal and large fall back to the target. Approximately 4.75 after spread.
trade 8, 2021 4 and 1 hour align. Larger pattern Pull back to entry and better value EMA protection PIVOT protection. $60000-00 USD used as S/R level previously ---------------------------------- Running Total for 2021 - 2%.
Bear trap on daily 4 hour and 1 hour aligning for the move higher. Safe Stop Will get a pull back mid way but over all the target will be reached safely. Good Job
Trade number 7 for the 2021 year. PA needs pull back of a decent proportion. Using the extreme highs this time ( Wednesday night/ Thursday morning ) - if PA gets to the entry point as shown. The pull back is going to be more significant. TP easily reached once the entry is tapped. Not such a great fan of large trades. But the level is very much key and...
6th Trade For 2021 - RUNNING TOTAL (0%) Daily looking for a pull back. Room to the 4 hour 50 EMA 1 hour move down from the high recently ( 50 EMA is some concern ) Trade within old pivots. $1000-00 risk representing 1% of the FX account.
5th trade for 2021 - Running Total - 2%. Tap of ENTRY and the move lower. Not pushing the target. ENTRY sits a week level.
4th Trade for 2021. Running Total -1% Zone on the 1 Hour. Not pushing for new Lows here just using recent turning points. Just looking to recover the missing 1% from previous trade. Looking for the move to a Value Point in the zone. Roughly the 50/50 point. A nice safe Stop.
3RD TRADE FOR 2021 - RUNNING TOTAL - ( 0% ) Vader has parked his STAR DESTROYER to come and School you lot. You think running the EMPIRE's fleet of STAR DESTROYERS, TIE FIGHTERS, WALKERS and Imperial ALL TERAIN ARMOURED TRANSPORTS is cheap these days. Vaders got wages to pay, FLEET Maintenance Costs and a DEATH STAR SIZED premium to pay for Insurance policies...
2nd trade for 2021 - Current Percentage - 0% Our little Bull is still feeling energetic as of the time of typing. GBP V's AUD 1% -$1000.00 4 hour has zero BEAR PA currently - Surprising Daily level encountered now, but failed to send the price lower. 1 hour Double Top showing at the daily level. Plenty of room to that next Daily level above.
RISK 1% - $1000. 1st Trade for 2021. Shoulder forming. Looking for better Value before the move long. Straight Shot to next level. Pivot Sits Up to of our PA. Let's see if our little Bully Friend is correct.
Who will win the match.. Bull and Bear ready for battle... Both trained in the art of technical analysis. Both familiar with various indicators and dynamic support levels. The trend seems to be strong with bear. But Bull will not yield ground so easily. Stay tuned to see which of our grand masters wins the day.
E M A retest - dynamic support Horizontal level - fixed support Higher low made previously
Momentum swing higher. Fib retrace. Acting as a barrier for move lower. Pivot level in the way of stop and PA currently Entry north of R1 slightly. EMA dynamic support to assist. DONKEY INDICATOR points to a move higher.
Over extension Room to move to turning point Able to tap trade entry in at value before move lower.
1 hour retest of 50 EMA to go short to recent lower level. Entry a little higher than normal, awaiting the wick of the 1 hour candle to tap the trade to life. Bull MACD to assist in the move to entry.
Daily on an over extension long. Trade falls within pivots. 1 hour long candle immediately broken down to the short side. Target doable in 24 hours.
Trade falling inside of the pivots. Bull MACD still present, even more so now than previous idea. 50 EMA acting as dynamic resistance. Entry will occur from a double bottom. Again this is something new I'm trialing. Got into the trade too early yesterday. R:R has improved follow yesterday's efforts, so this trade will recoup the lost 1% from the 18th NOV.