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ForexTradingSchool
Oct 24, 2019 9:32 AM

AUDUSD Long, 2 zones, 0.6777 and 0.6723 Long

Australian Dollar/U.S. DollarFXCM

Description

Okay we are going long at these 2 zones.

We are in profit so lets take both the zones in the trade.

We can enter together.

This trade will come soon i hope.

Comment

both order placed.

Comment

62pips to the trade.

Trade active

we are in the trade finally. was waiting since oct 15

Trade active

we are in profit on this trade and still in position
Comments
JamesPowell
You see how you have that level at the swing low? It has a twin and it’s at the swing high just above your upper level
ForexTradingSchool
@JamesPowell, sorry i dont quite understand you. i have placed my order in already. waiting to be triggered.
JamesPowell
@work_harder, I was suggesting that like your swing low level is a level so too is there a level at this swing high as well
ForexTradingSchool
@JamesPowell, i Get what u mean! Omg it’s a good zone too
JamesPowell
@work_harder, I was also suggesting back in the SD chat that you didn’t necessarily have to wait until price got to your demand level but that you could-if you wanted of course-short price down to those deman levels.
ForexTradingSchool
@JamesPowell, Doran it works this way? I nvr tried shorting till price hit my demand zone.
ForexTradingSchool
@work_harder, I never tried to trade this way before. Will it give me profit?
JamesPowell
@work_harder, nothing is 100% of course but it stands to reason that price will want to return to a level. That makes the level itself a good reason to trade in that direction.
JamesPowell
@work_harder, once the swing high is surpassed it usually wants to return to that level
JamesPowell
@work_harder, like so
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