We're still in wave 2 so a decent stop loss would be at the tip of the recent wave.
Shorting already with a tight stop-loss, we have minimal risk
First trade of the week, perfect drop leading into wave 5
Just hopped onto the short as price confirmed, we will send the order to put the SL to BE tomorrow
If we have a bearish candle on the 1 hour chart, that will be a decent confirmation. If price moves through I will not send this trade out.
What I sent out to all, Should price break the highlighted zone I'm not interested
I'm leaving this on my high leverage accounts while it grow through to the new year.
Our traders have been mentioning this for days now, we have now entered a swing short and pushed it out to all our students. It'll be pushing pass our target however we have set this on our high leverage accounts. Merry Christmas
Once confirmed this will be one of the three trades our office will enter.
The mighty dollar still isnt over, the bullish trend on the daily indicates we will be here for a while.
We are currently watching the forth wave of USDCHF while the bears prepare for the main short.
Our traders are in lining up the shorts before we enter for the final long on this cycle
I can see wave 4 is almost completed, I will be tempted to enter on wave 5 should I see bullish signs from our fib area
Our traders are looking to enter on wave 2 on this pull back.