Follow the arrows, key levels for Shorts and Longs.
Optimum buy and hold around the green rectangle, but buying on every green dashed line is a good idea, as well as selling the reds.
Optimum buy and hold around the green rectangle, but buying on every green dashed line is a good idea, as well as selling the reds.
Trade active:
Pending order short opened @1.542, TP@1.45
Trade closed: target reached:
Updating the forgotten chart
-Longs pending orders from @1.5123 and @1.489 are closed, target @1.543 hit.
-Short pending from @1.542 partial profit taken @1.510, the rest will close @1.45 or breakeven.
-Waiting for better place to add shorts, as long as the Orange trendline is not break.
Will post lower timeframe later.
Good luck
-Longs pending orders from @1.5123 and @1.489 are closed, target @1.543 hit.
-Short pending from @1.542 partial profit taken @1.510, the rest will close @1.45 or breakeven.
-Waiting for better place to add shorts, as long as the Orange trendline is not break.
Will post lower timeframe later.
Good luck
Trade active:
Keeping Longs from @1.515 .
Waiting for break above@1.55 or retest the broken trend line to add more longs.
Long pending orders between @1.50 to @1.44
Waiting for break above@1.55 or retest the broken trend line to add more longs.
Long pending orders between @1.50 to @1.44
The optimum buy and hold levels were not reached yet, my standard long order is divided and spreaded as following:
-50% are @1.4550 , @1.4500 , @1.4450 , @1.4400 and @1.4350 levels 10% each
-50% are @1.4300 , @1.4200 , @1.4100 , @1.4000 and @1.3900 levels 10% each
The price action may not open all the orders, which may minimize the normal profit, but using this strategy for the long term trades has proven its efficiency minimizing the overall swap costs, getting max profit from the spikes which hunts the stop loss leverls as well as dividing the risk and making the total order Stop loss much wider.
Good luck