SOYBN/USD Long and EUR/AUD Long

SOYBN/USD Long

• If price impulses up, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get long with a reduced risk entry on the break of the flag or a risk entry within it.

• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.

• If there's any ambiguity then I will not place a trade on this pair.

EUR/AUD Long

• If price pushes down to and ideally just below our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it.

• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.

• If there's any ambiguity then I will not place a trade on this pair.

Comment:

"Staying out of the market is equally as important as knowing when to get in." - Falcon FX

Comment:

"Long term success takes time. Do not give up." - Falcon FX

Comment:

"Be the one that succeeded." - Falcon FX

Comment:

"Always remain a student. If you forget that, the market will humble you." - Falcon FX

Comment:

"Once you can read price action, you can’t unsee it." - Falcon FX