StewySongs

USD/JPY Short and CAD/CHF Short

Short
StewySongs Updated   
OANDA:CADCHF   CAD/CHF
USD/JPY Short

Minimum entry requirements:

• Tap into area of value.

• 1H impulse down below area of interest.

• If 2 touch 5 min continuation, reduced risk entry on the break of it.

• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.

CAD/CHF Short

Minimum entry requirements:

• Tap into area of value.

• 1H impulse down below area of value.

• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
Comment:
"When you set up a situation in which there is “risk-free opportunity,”

there’s no way to lose unless something extremely unusual happens,

like a limit up or limit down move through your stop."
Comment:
"Do the best you can to pay yourself at reasonable profit levels when the market makes the money available.

Every portion of a trade that you take off as a winner will contribute to your belief that you are a consistent winner."

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