Mmawesome

Mmawesome

SL at 651 Huge risk-reward ratio 50% probability

Mmawesome

risk:reward - 1:2 certainty - 70%+ Personally have Vertical Call spreads expiring on JUL21, With a stop loss at 525. If it ever crosses 525 the setup is invalidated. I will update for any potential early exits or Stop loss moves.

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Risk - Reward 1:3

Mmawesome

Setup: End of ZZ and Strong reaction on inflicting point (aggressive) Certainty: 50%+ Risk:Reward: 5:1++ Expected Value: Great risk: 0.5% Management: Wait for another leg up or confirmation from market to take profits, don't touch SL, too early to manage it.

Mmawesome

Setup: End of ZZ and momentum move down (aggressive entry) Certainty: 50% Risk:Reward: 4:1++ Expected Value: Great risk: 0.5% Management: Don't move SL, possibility to add later, too early to manage it

Mmawesome

Setup: Expecting W5 with Stop-loss at W4 Certainty: 60%+ Risk:Reward - 1:2 + Expected Value: Great Risk: only 0.5% because we have an aggressive position Stop-loss only 30pips Management: wait for wave 5 or respect the 8 EMA.

Mmawesome

Possible EU count

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Setup: 5th Wave Risk-Reward: Good (more than 1:1) Certainty: High 70%+ Expected Value: Positive Risk: 1% (we don't have a strong resistance, even tho it's really probable outcome) Management: Wait to see how the momentum plays out. Take profits at 1:1 or wait for bigger gains. All depends on how the market reacts. Possible TP is to wait for daily close above EMA.

Mmawesome

High Certainty + High Risk-Reward

Mmawesome

End of the big impulse, We are expecting correction

Mmawesome

Set-up: Great resistance @ 1.1215 Certainty: 80% Risk:Reward: Not determined but at least 1:1 Expected Value: HIGH Risk Allocation: Initial: 1%-1.5%, Total: 2%-3% Managing: We are waiting for a retracement where we can add 0.5%-1.5% more on the position. That will be the perfect entry. We could've waited instead of entering now but the possibility for a bull move...

Mmawesome

Certainty: High Risk-Reward: Great Risk: 1% We see ABC and we can clearly see the subwaves of the C wave which is contracting ending diagonal. This gives us Asymmetry and certainty at the same time. We still need to keep our risk low because we don't have confirmation yet, remember we can always add to our position later on.

Mmawesome

Risk-Reward 1:2.5 Certainty: High

Mmawesome

Analysis for 10/21 - 10/27

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Potential Positions

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Potential Scenarios

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TAG

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EUR/USD - Setups