Got the perfect entry on this trade, barely 1 pip tagged on a buy limit. 1:6RR running nicely with stops 10 pips above break even. Onto the next trade!
Untested order blocks awaiting... will price come down for one more grab and skyrocket or... will it go without me!? lets wait and see:)
LIQUIDITY GRAB Short from area marked out on chart, was really busy and completely forgot to place a sell limit which would have been the best possibly entry but entered after seeing the rejection. 1R:11R Going to hold until either SL or TP is hit, will update you along the way! Happy Christmas everyone!
Overall downward channel as we can clearly see, expecting price to potentially come back down and test the 1.34 price before going higher again, will enter buy when have more confirmation. Price broke trend line. waiting to retest the low. will enter long when see bullish candle rejection from this area. tell me your thoughts. regards, Mike
check out what i see... i think this could be a potentially great buy zone... but.. hey ho... what do i know RISK MANAGEMENT IN PLACE MEANING... NO STRESS OVER A LOSS 1% AT ALL TIMES PEOPLE! DOESNT MATTER IF A TRADE WINS OR LOSES... TAKE YOUR EMOTIONS AWAY
I'm waiting for price to reach this area... and the BOOM... haha no but... in all seriousness.. if price shows clear rejection from this zone.. im entering short! :) will have a tight SL
What im looking at - clear down trend - 2 previous trades hit -.27 on the fib - price currently in area for entry - Pull back strategy in the works KEEP. TRADING. SIMPLE.
Tell me what you think. what i see -broken trend line -missed the best entry -still see price dropping further -using fib retracement tool to get entry -wont be entering exactly on this area, will be waiting to see what price does on market open -1% risk maximum keep it simple
Upside down head and shoulder pattern... let’s see what happens. If you like my analysis please drop a thumbs up and also follow to see my future publications. Regards, Mike
I am expecting price to pull back significantly due to the large drop we had.... let’s see what’s happens... not looking at anything else today
We have reached a strong area where I will expect to see price rally to the upside, 4H rejection candle… let’s see where we go, 1% risked
Retesting broken support turned to resistance, let’s see if this is the big drop
Price broke structure, came back to retest and shown very good rejection, I’m in 1% Risked
got in this trade earlier today, running 3% profit so decided to move SL just below entry and closed half of the position.
Possible long position on this pair - I haven't entered just seeing how this plays out for testing perposes.
Secured 3% from initial 1% Risk, now letting this trade run with 0.25% left open after closing 75%.
Quick Chart analysis, fib retracement, rejection, I’m in
could possibly see the right shoulder of a head and shoulders pattern forming here. Will be keeping my eyes on this to get into a short position.