Lesser Position— 1:5 R “Direction” via 1D a. Which phase is the market currently in? (✓) pump phase! (X) dump phase! “Structure” via 15M a. Did the previous day’s market pump higher? (✓) yes, thus my bias is long. b. Has price triggered a support line on the 15M? (✓) yes c. Is the market currently in its pump phase? (✓) yes “Execution” via 1M a....
King W. Harbmayg's Journal Entry #32 Greater Position: 1:10 R Scheme 1— Direction via 1D a. current daily structure favors shorts, b. prior day printed short candle, c. and so my bias is short Scheme 2— Structure via 15M a. pump & dump setup, b. market structure supports bias, c. price pushes from supply zone Scheme 3— Execution via 1M a. price is...
First of all, congratulations to the friends who follow, the goal of 30,000 has been reached, and the market is currently in the range of 28,000-29,000. The short-term strong risk aversion in the market has brought opportunities for cryptocurrencies led by Bitcoin. On the news side: the U.S. debt ceiling and the plunge in bank stocks have boosted risk aversion,...
Bitcoin has dropped to the support level we see technically as expected, and I think this is a good opportunity to buy longs. My trading strategy: 27200-27300 long, short-term TP can look at 28000 first For the midline, I am still optimistic about 30,000 unchanged, and after a breakthrough, I will look at 31,000 Follow me, trading is that simple! Remember to...
EURGBP Trend Line Break Idea. Exited Trade at 0.88643.
NZDJPY; Entry = 83.157; Take Profit = 83.880;
EURCH Entry Price 0.98291 Take Profit Price 0.96661
AUDNZD Take Profit Price is 1.08926. Trade Idea: Pull Back To Trend Line.
Engulfing Candlestick Pattern formed on the 4H Chart. Pin Bar Candlestick formed on the 4H Chart. Entered Long Position At Price Level 1.34681.
AUDJPY and Yen Pairs are bullish.
Pull back to the trend line. Exit trade 166.408.
Second entry at 133.101. First Take Profit at 135.112.