zzfx

Real opportunity? or another perfect set up to mess up?

FX:EURUSD   Euro Fx/U.S. Dollar
120 4 1
The prepared will win...
The scared will mess up.... and the greedy will be disappointed

Having a plan, being prepared in case,
is the source to goal achievement.

zzfx
zzfx
2 years ago
Common, make a move.
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zzfx
2 years ago
5:20 Scenario A is in play.
aiming for 1.3465 +-
scenario B triggers are set.
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zzfx
2 years ago
Scenario B trigger went off,
setting up scenario C triggers. Range faked the upside, and then broke lower.
Maybe it will break higher, then a scenario C must aim to break even,

As we speak, 50% of the risk is off the table, as we are ten pips in the money, Trailing a 20 pip max stop.
This is a continuation of the zz down, as the candles never close above 41...and the zz yields 58 ...
Or, we could say, we got a 22 pips zz, an it just failed, and now the next one is yielding 23 also...and odds favor another little stretch to 30 pips.
nobody knows thow..
Reply
zzfx
2 years ago
lucky enough, I closed my position at the days low of 1.3407...
All positions closed, all leverage removed

net 20 pips =+ 2%.

Sometimes..you got to wait. ...and wait ,,,and wait...
Still got away with it, with limited damages because I followed the plan to the Q.

I increased my size, but in the end, I would of gotten pretty much the same yield even if I wouldn't have.
Was the increased risk really worth it? I would have to check it out in more detail.

nice job.
tomorrow better.

zzfx
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