IDENTIFY: Price is in the buyer's territory and maintaining the upward trend PLAN: So looking at going long, because of the daily bias. TRADE: Place Buy Stop order, anticipating a continuation to the upside after the pull back. NB: Use risk management to determine the Stop Loss and Take Profit
IDENTIFY: Price is in the sells territory and maintaining the downward trend PLAN: So looking at going short, because of the daily bias. Currently in a range building up orders. If Support is Broken I am going short on retest. TRADE: Place Sell Stop order, anticipating a continuation to the downside after the pull back. Or Sell limit on the test of the...
IDENTIFY: Price is in the sells territory and maintaining the downward trend PLAN: So looking at going short, because of the daily bias. Currently in a range building up orders. If Support is Broken I am going short on retest. TRADE: Place Sell Stop order, anticipating a continuation to the downside after the pull back. Or Sell limit on the test of the...
IDENTIFY: Price is in the sellers territory and maintaining the downward trend PLAN: So looking at going short, because of the daily bias. Another thing I am looking out for is the break of the support and probable retest. TRADE: Place Sell Stop/Sell Limit order, anticipating a continuation to the downside after the pull back. NB: Use risk management to...
IDENTIFY: Price is in the buyer's territory and maintaining the upward trend PLAN: So looking at going long, because of the daily bias. TRADE: Place Buy Stop order, anticipating a continuation to the upside after the pull back. NB: Use risk management to determine the Stop Loss and Take Profit
IDENTIFY: Price is in the buyer's territory and maintaining the upward trend PLAN: So looking at going long, because of the daily bias. TRADE: Place Buy Stop order, anticipating a continuation to the upside after the pull back. NB: Use risk management to determine the Stop Loss and Take Profit
IDENTIFY: Price is in the buyer's territory and maintaining the upward trend PLAN: So looking at going long, because of the daily bias. TRADE: Place Buy Stop order, anticipating a continuation to the upside after the pull back. NB: Use risk management to determine the Stop Loss and Take Profit
IDENTIFY: Price is in the buyer's territory, not convinced by the attempt to break the HL that started the move to the recent HH. PLAN: So looking at going long, because of the daily bias of the trend to the upside. TRADE: Place Buy Stop order, anticipating buyers to step in again. NB: Use risk management to determine the Stop Loss and Take Profit
IDENTIFY: Price is in the buyer's territory and potential break of the descending channel. PLAN: So looking at going long, because of the daily bias of the descending channel. (ABCD Bullish) TRADE: Place Buy Limit order, anticipating a continuation to the upside after a minor pullback. NB: Use risk management to determine the Stop Loss and Take Profit
IDENTIFY: Price is in the buyer's territory and broke above 1.30071 level and then broke the descending channel. PLAN: So looking at going long, because of the daily bias of the broke the descending channel being broken TRADE: Place Buy Stop or Buy limit order, anticipating a continuation to the upside. NB: Use risk management to determine the Stop Loss and Take Profit
IDENTIFY: Price is in the buyer's territory and bounced off the Kumo. PLAN: So looking at going long, because of the daily bias of the accending channel TRADE: Place Buy Stop order, anticipating a continuation to the upside. NB: Use risk management to determine the Stop Loss and Take Profit
Biased for longs as it seems like bank and other big boys are ready to roll over the market
Bias is for the downside and looking to sell based on a Daily bullish trend and failed higher highs.
Selling this pair. Still short biased on this par. Entry : 122.344