OANDA:USDSGD   US DOLLAR / SINGAPORE DOLLAR
Price didn't make a new high here, on a nice resistance look left. We have divergence on the MACD also.
So IF price close below the TL and retest with failure, i will go short as shown in the chart.

Like if you agree, follow and support please!
Comment: And here we have the BO of the TL. Now we wait for a retest of the structure and the TL and gonna enter if i see price rejection in that area.

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Comment: DXY looks ready for more down, this make the idea more ready for short!

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Trade active:
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Comment: My SL is hitting very soon. But this look like it gonna shake me out to reverse again. See that chart below:

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Comment: But of course no selling for me coz we didn't get lower low at the last swing.
Comment: Trade still alive it reversed 2 pips under my SL :D lucky me :)
Comment: Thank you Hillary Clinton :D

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Comment: This is looking good for now, adding more as shown below!

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Comment: I'm still in this trade! But for those who wanna enter now see the chart below!

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Comment: Man this pair is slow :) Who's in this trade??
Comment: Now i am trailing my SL on 1H for this pair! We have big news coming!
Comment: 100 Pips so far and we meeting some support on the daily! It may slow down now!

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Trade closed manually: 110 pip profit! No open positions during big news is one of my rules. Good luck for you who are holding. i'll be looking at this pair very soon again :)
how do you confirm that price retest , or do you go with pending order at TL?
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The best way is to see a price rejection like a pinbar on 1H-4H but at the retest level. This is the more conservative way to do it. Or a limit order as you said for more aggressive entry.
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thanks mate , nice catch
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Abozahra PRO GoldHunter
You are welcome :)
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GoldHunter Abozahra
I am in , thanks
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Abozahra PRO GoldHunter
Lets see if it goes our way ;)
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GoldHunter Abozahra
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+1 Reply
Hello,
Your ideas are same ?
i am in this position
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Abozahra PRO Pancu1903
I'm sure what you mean about ideas are same. But I use same strategy for my entry reasons yes :)
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I mean Not sure* :)
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Pancu1903 Abozahra
sorry, my english is not very well :)...i worried about today's movement...so i wanted to ask again...if it can go to more higher price then 1,39652, i should sell exactly ?
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Abozahra PRO Pancu1903
I see no problem :) i am in the trade with stop at 1,39667 if prices hit that level then the idea is invalidated, and that's mean have a new high and we should be out from the sell position.
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Pancu1903 Abozahra
Thank you mate :)
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Ya it is testing our patience , I am still in this
+1 Reply
Hahha well it will not be the first or the last time our patience will be tested in this game :D
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