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1. Buy a level 2 signal inside the buy zone 2. Stop and reverse just under the critical level 3. Target to be decided
Note: if we pass the critical level before the entry, we take the reverse signal to go short
Good luck
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We should all now be in this sell trade without any losses on the buy which is perfect.. Please update your stop to BE Congratulations .. we are in a free trade
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Whenever there is an opportunity to trade breakouts here is my tactical plan: 1. I place an order at the breakout level 2. When it is broken it will be one of 2 hings: a. A strong break with momentum (so I'm in and I'm happy) b. A weak break with no momentum (So I just exit at BE or with a small profit or loss)
So very simple, very straight forward, very safe and very profitable
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Whipsawed at BE Let's re-enter short with a level 1 signal
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News is coming up in half an hour Holding on to the sell ... with confidence
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1. Please don't have a lot of positions open during news. You will be lost 2. Don't rush. there are opportunities everyday 3. Don't marry your news positions. Get the money and run. After things settle, get back in
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I say trend power trumps fundamentals power for now... Let's be careful and try to cut down on our positions
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Wow... I hope everyone witnessing what just happened will decide never ever to trade against the trend just amazing
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Start thinking about closing this position. We are profitable (just a bit) Please be very careful now
Trade closed manually
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I'm out of this trade
Comments
aziz.au
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Thanks a lot, what's our target TP?
Ichimoku_Trader
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If you decide to stay, target the lows
I'm out. Be careful
aziz.au
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Hi Ichi, how do we use level 1 signal for news trading? Things happen very fast and we do not have time until a candle closes...
Ichimoku_Trader
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It already happened
I'm already in
get in now
aziz.au
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Thanks a lot where is your SL?
Ichimoku_Trader
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At the high
use good MM please
aziz.au
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Thanks a lot. I entered. Could you confirm what exactly made the level 1 signal? Is it the bearish candle 4 candles ago?
Ichimoku_Trader
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the red candle inside the zone
about 5 hours ago
CryptoTraderOne
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Are we going long or short i'm confused. It broke the cumo and KS to the long side..
Ichimoku_Trader
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Why are you confused..
I said let's go short .. that means let's sell