π₯ EURUSD: Curve Analysis (15H) π₯
π NEW SETUPS π
-SL @ 1.1140 π« (conservative)
-SL @ 1.1085 π« (moderate)
-SL @ 1.1000 π« (aggressive)
SLO4 @ 1.1063 β³
SLO3 @ 1.1053 β³
TP1 @ 1.1000 π€
SLO2 @ 1.0990 β³
SLO1 @ 1.0980 β³
TP2 @ 1.0933
TP3 @ 1.0905
SUPPORT (MAJOR) @ 1.0900
TP4 @ 1.0805
1οΈβ£ If the 1H DT Curve holds, then our SLO1/SLO2 should work in our favor
2οΈβ£ However, if this 15H Curve holds, PA could PB and reach as high as our SLO3/SLO4
π€ WE HIT OUR TP1 @ 1.1000 π€
3οΈβ£ There is a MAJOR SUPPORT LEVEL @ 1.0900. The conservative bet would be to exit all short positions above this price, wait for PA to PB, then re-enter at a higher price to short it again
4οΈβ£ After we short it again, we'll target TP4 @ 1.0805
π
BLO = BUY LIMIT ORDER
DT = DOWNTREND
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
PB = PULL BACK
SL = STOP LOSS
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
This is an Intermediate Time Frame trade (4 hours to 6 day):
β Offers a clearer picture of the underlying trend compared to short-term frames.
β Provides more opportunities for confirmation signals and technical analysis.
β Allows for more flexible trading schedules, trades can be held overnight.
β Suitable for swing traders and some positional traders.
-SL @ 1.1140 π« (conservative)
-SL @ 1.1085 π« (moderate)
-SL @ 1.1000 π« (aggressive)
SLO4 @ 1.1063 β³
SLO3 @ 1.1053 β³
TP1 @ 1.1000 π€
SLO2 @ 1.0990 β³
SLO1 @ 1.0980 β³
TP2 @ 1.0933
TP3 @ 1.0905
SUPPORT (MAJOR) @ 1.0900
TP4 @ 1.0805
1οΈβ£ If the 1H DT Curve holds, then our SLO1/SLO2 should work in our favor
2οΈβ£ However, if this 15H Curve holds, PA could PB and reach as high as our SLO3/SLO4
π€ WE HIT OUR TP1 @ 1.1000 π€
3οΈβ£ There is a MAJOR SUPPORT LEVEL @ 1.0900. The conservative bet would be to exit all short positions above this price, wait for PA to PB, then re-enter at a higher price to short it again
4οΈβ£ After we short it again, we'll target TP4 @ 1.0805
π
BLO = BUY LIMIT ORDER
DT = DOWNTREND
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
PB = PULL BACK
SL = STOP LOSS
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
This is an Intermediate Time Frame trade (4 hours to 6 day):
β Offers a clearer picture of the underlying trend compared to short-term frames.
β Provides more opportunities for confirmation signals and technical analysis.
β Allows for more flexible trading schedules, trades can be held overnight.
β Suitable for swing traders and some positional traders.
Trade closed: target reached:
π°WE HIT OUR TPsπ°
EURUSD: Curve Analysis (15H)
SLO1 @ 1.1015 π +115 pips
TP1 @ 1.1000 π€
SLO2 @ 1.0980 π +90 pips
TP2 @ 1.0933 π€
TP3 @ 1.0905 π€
SUPPORT (MAJOR) @ 1.0900 TOOK PROFIT
π€ WE HIT OUR TP1, TP2, & TP3βΌοΈ
π€ GROSS PROFIT @ +205 pips
β οΈ We've reached a SUPPORT LEVEL @ 1.0900. I have taken the conservative bet and I HAVE EXITED ALL OF MY SHORT POSITIONS
π€ This morning's USD News @ 08:30 ET / 05:30 PT could cause PA to PB and reach as high as our 1.0970 (a POC)
βοΈ I'm waiting for PA to PB, then re-enter at a higher price to short it again
π― After we short it again, we'll target 1.0805
π
BLO = BUY LIMIT ORDER
DT = DOWNTREND
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
PB = PULL BACK
POC = POINT OF CONTROL
SL = STOP LOSS
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
EURUSD: Curve Analysis (15H)
SLO1 @ 1.1015 π +115 pips
TP1 @ 1.1000 π€
SLO2 @ 1.0980 π +90 pips
TP2 @ 1.0933 π€
TP3 @ 1.0905 π€
SUPPORT (MAJOR) @ 1.0900 TOOK PROFIT
π€ WE HIT OUR TP1, TP2, & TP3βΌοΈ
π€ GROSS PROFIT @ +205 pips
β οΈ We've reached a SUPPORT LEVEL @ 1.0900. I have taken the conservative bet and I HAVE EXITED ALL OF MY SHORT POSITIONS
π€ This morning's USD News @ 08:30 ET / 05:30 PT could cause PA to PB and reach as high as our 1.0970 (a POC)
βοΈ I'm waiting for PA to PB, then re-enter at a higher price to short it again
π― After we short it again, we'll target 1.0805
π
BLO = BUY LIMIT ORDER
DT = DOWNTREND
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
PB = PULL BACK
POC = POINT OF CONTROL
SL = STOP LOSS
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
Professor C. E. Ward
