Continue to accumulate this pair as mentioned lastly every pivot turned on this pair net over 1000 pips we mentioned all beforehand.
As our clients are up 1200 pips here 100 short of the whole move up!! Our students brought recent structure in are in draw dwn but that good 4 them to conquer fear…
As price is breaking above bars and closing bullish show 2 things here
1. Selling pressure is being absorbed from reference point a to b the bearish hidden div
2. Clearing buy orders above bar n dragging orders into the range above the correction bar ( blue) is clearing limits orders at resistance 4 ease of a up coming up move within the box here. And price should stay above this area
That’ll break the trendline
The first target where 75% of trade will be closed is at the liquidity tops at A. Where we’ll see if they will be placing demand above A the money there is massive n the market WILL go there a
Gl
Tip
A 4 hr reversal is a good early entry when it present within the box or slightly lower ( partial)
Neckline throwback is a good added entry ( partial)
A break of trendline at B is a added entry with 25% profits earns with a 50%increase of twice the size of original trading amount
Ex 10 lot split 5 n 5 below breakout. 25% of these profits with a 50% net increase is added to at breakout thus pre profits cover most of the added net
Trade management is more important than risk management. As typical rm teach 1% or 2% account per trade which is designed to keep u trading more ( increase in trade frequencies = increase the probability of trade losses as the market is the casino the house is designed to win) thus managing risk tolerance is needed more than a ratio tolerance. In the best way to manage it is decrease frequency and increase quality with partial entries that pay 4 future entries
Gl
As our clients are up 1200 pips here 100 short of the whole move up!! Our students brought recent structure in are in draw dwn but that good 4 them to conquer fear…
As price is breaking above bars and closing bullish show 2 things here
1. Selling pressure is being absorbed from reference point a to b the bearish hidden div
2. Clearing buy orders above bar n dragging orders into the range above the correction bar ( blue) is clearing limits orders at resistance 4 ease of a up coming up move within the box here. And price should stay above this area
That’ll break the trendline
The first target where 75% of trade will be closed is at the liquidity tops at A. Where we’ll see if they will be placing demand above A the money there is massive n the market WILL go there a
Gl
Tip
A 4 hr reversal is a good early entry when it present within the box or slightly lower ( partial)
Neckline throwback is a good added entry ( partial)
A break of trendline at B is a added entry with 25% profits earns with a 50%increase of twice the size of original trading amount
Ex 10 lot split 5 n 5 below breakout. 25% of these profits with a 50% net increase is added to at breakout thus pre profits cover most of the added net
Trade management is more important than risk management. As typical rm teach 1% or 2% account per trade which is designed to keep u trading more ( increase in trade frequencies = increase the probability of trade losses as the market is the casino the house is designed to win) thus managing risk tolerance is needed more than a ratio tolerance. In the best way to manage it is decrease frequency and increase quality with partial entries that pay 4 future entries
Gl