BEFORE OPENING YOUR TRADE: - Remember risk management 1-3% of your capital - Take profit of your position partially - Don't open too many orders at the same time - Be patient - Don't be so greedy - Waiting for a candle close and executing your plan. - Go to a lower timeframe to find Choch, Flip zone…. for entry. Remember No Choch – No Entry. - DON’T FOLLOW BLINDLY - ALWAYS DO YOUR ANALYSIS BEFORE MAKING A TRADE! YOUR TRADE IS YOUR DECISION! P/S: When you see: This idea of trade is no longer valid, it means too late to enter or this trade is canceled. Please manage your chart sometimes I don't have enough time to update my ideas.
Price is moving within the channel but in an ascending manner, with the price above ichimoku cloud- we are slightly bullish biased. Price has bounced off the first support and is moving toward the 1.00473 level where the 78.6% projection sits. If price breaks this level, it will test 1.0194, where the previous swing high sits check out our analysis
TRADOM01
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@desmondlzw, agreed with your thoughts
Solldy
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I don't agree with all the arguments this time, but it's a very interesting point of view. I will keep this idea in mind during my trading. Thanks for the idea, mate)