Rare for euro to bave 0 profit. But it happens. We await next week.
No profit this round. We a wait next week. Not losing money is a good sign.
Odds were not in our favor this week. But with prudent money mgt, you would only lose 1r. Week done, prep for next week.
Wait for the pierce and hold for 1r. Simple. :) We react to the price.
Rules 9am to 6 pm tokyo as range. Where price moves in the direction when tokyo closes is the bias. Sweet end of the day closing range breakout
Tokyo box pierced the top, positioned herself for a strong drive up. Rarely does uj respond to traditional tokyo box
Atleast 1 r on the basic and more when refined. Surprising
Refined entry seeing the sell pressure on the last hour.
The box itself made a decend market structure break target to the down side. 1. Fat bar 2. We enter at the pull back 3. Sell
Seeing the two unmitigated fvgs and then making a trendline to the nearest daily high x low, and if you're a break out trader, then these two points are your point of interest. Remember if it breaks up, dont buy yet. Wait for it to return to the point of origin broken, then buy. Same as sell. We follow the principle of buying or selling at the pull back.
Buy cheap and sell expensive. As we near the monthly low. Beware because prices may spring up.
This may take awhile before it goes up, but its nearing its cheapest monthly prices.
Be aware at this price, price sprung up. So careful. Hold and buy
We are no at the monthly lows. Good time to get into spc
Possible south target for yuan because of the weekly fair value gap.
There is a weekly opening gap to the south, and a pin bar allowed prices to go lower in favor of Us ally Philippines and Her peso.
Pin bar entries. And using market structure. Higher high lower high means a buy. Lower low lower high means a sell. And no pin bar means, no trade. Sifting the chart gave us better results although less trades.