Long coming - a couple of days of US recovery, next change due around the 9th (most likely end of the week, 7th).
Not expecting great momentum north bound. But could go to test Gann levels, collect some liquidity and go again.
COT data showing more longs than short this week on the Dollar.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s and Forex. Hence each trade setup might have different hold times, entry or exit conditions and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Not expecting great momentum north bound. But could go to test Gann levels, collect some liquidity and go again.
COT data showing more longs than short this week on the Dollar.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s and Forex. Hence each trade setup might have different hold times, entry or exit conditions and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Trade closed: target reached:
Not taking the short back down. Going to wait for next reversal and ride the next Bull Rally
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Master the Art of Trading: amzn.to/3nUfB9r
Prop firm partners (FTMO)
shorturl.at/hBEQ4