ProfessorCEWard

NZDUSD ✨ CPI News Trade ✨ q/q

Long
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
An Anticipatory Analysis of Price Action

(5) TP3 @ 0.7100 (close trade)
(4) TP2 @ 0.6700 (shave 25%)
(3) TP1 @ 0.6450 (shave 25%)
(2) BSO @ 0.6225 📈⏳
(1) BLO @ 0.6105 📈⏳

ADDITIONAL INFO:
1️⃣ If the PA (Price Action) PB (pulls back) during the NZD News on Wednesday evening, we should be able to capture the UT (uptrend) with this Buy Limit Order

2️⃣However, if PA continues the UT, then we'll be "good to go" with the Buy Stop Order

3️⃣This is our first chance to profit. I picked this price because there is a wick-over-wick (8D) that may work as a pullback, so let's put some money in our wallets and chop off 25% of our investment at Take Profit 1

4️⃣This is our second chance to make a buck. I picked this price since there is a Major Resistance level (6D) that might work as a retracement, therefore we need more money in our wallets before PA arrives. An additional 25% will be shaved at Take Profit 2

5️⃣This is our third chance at making a profit. This is where we quit the ride, cancel all of our remaining buy positions at Take Profit 3, and prepare to short this thing since there is a Major Supply Zone @ 0.6715 (8D) that has a strong likelihood of reversing the trend to a short position
Comment:
00:00 Intro
01:30 What is CPI?
04:30 What will be the sentiment?
05:15 The Base vs the Quote Currency
06:52 The Anticipatory Trend
07:34 Shaving Profit under F.I.F.O. (US Subscribers)
12:49 Follow, Join, Boost, and Comment

Professor C. E. Ward
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