A good Example of Price Action ! Just Wanted to keep a snapshot.
I enter on a buy because price broke and retest the zone. My trade went down and hit my 30 pip stop loss. Guess what Alex.... price went back up over 80 pip ugh miss out.
During NY/LONDON : EURNZD I waited for the break which was to the upside. I enter when it retested the ceiling which became a support. When up 50 pips yay! I accidentally close one of my trades because miscounted the pips/lots "duh" that's okay still stop at profit (twin traded). I set a stop profit for my other trade once pass 30pips I started stop trailing. I...
USDCAD has broken it resistance and retest that zone multiple times as support wait for overlapped session.
GBPCAD just broken support hate to bring up news but... yea lets wait for a retest and a sign of continuation to the downside. Haven't touch that zone since 2019.
EURNZD broken its support made its first retest then another continuation to the down side. Look for the next retest and enter within session.
EURGBP broken its barrier to the upside let see if price continues in momentum waiting for a retest. I'm going look for the next retest entry for better confirmation. The next resistance is ~ 40 pips away haven't reached that high since Dec 2018. Maybe looking for a reversal or a continuation to the upside must break that area zone.
Not really sure of the support an resistance zones. We wait for a break and a retest to enter sell or buy trade.
Wait for a break and retest. No Retest = No Entry. Price has been recently on the sell side for the most part lets waits for a change in momentum to consider otherwise.
Wait for the break and retest. Period. Price has broken multiples floors creating a new floor that have not been hit since OCT 2018. Lets wait for a price to see if there is a switch in momentum.
Wait for break then retest. EU recently broke to the sell side then retest which impulse its way back down. Confirmation. No Retest = No Entry
Wait for the break out and retest to enter the buy or sell side. Don't know if I should trade this pair during Sydney/Tokyo Session or wait for NY/London session but through back testing it shows that NZDCAD is most active NY/LONDON. Lets see how it goes tonight.
If price moves to the buy side and retest. I will take a buy trade. My primary is the move to sell side and if price retest I will take a sell trade.
Wait for the break and retest then entered the trade regardless of a buy or a sell. No matter the direction once price retest closes above or below the zone. ENTER!!!HAVE NO FEAR!!! TAKE EMOTION OUT OF YOUR TRADING !!! JUST TAKE THE TRADE!!!
Wait for the break and enter once you see a retest. Same with NZDCAD , I am not sure when this pair is most active well have to see tonight!! NZD Newss!!! Sell on the Scanner.
Wait for the break and enter once you see a retest. Same with NZDCAD , I am not sure when this pair is most active well have to see tonight!! NZD Newss!!! Sell on the Scanner.
If price moves to the buy side which is my primary and retest. I will take a buy trade. If price move to the sell side and retest. I will take a sell trade.