Shorting a level from almost 10 years ago?! Yup.
The red highlighted level was formed almost 10 years ago on the EURSEK chart. I understand that this is not a very popular chart for most, but there are still opportunities to be had on these currency pairs! This could be a very nice one!
The market came close to the level on two prior occasions and is now making yet another push. We're going to keep our position size small and plan to go short with a limit order in the red highlighted zone. If price turns here, there could be MAJOR pips to score. Who is with me?
See callout bubbles. Simplify your trading. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you.
The market came close to the level on two prior occasions and is now making yet another push. We're going to keep our position size small and plan to go short with a limit order in the red highlighted zone. If price turns here, there could be MAJOR pips to score. Who is with me?
See callout bubbles. Simplify your trading. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you.
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