3RD TRADE FOR 2021 - RUNNING TOTAL - ( 0% )
Vader has parked his STAR DESTROYER to come and School you lot.
You think running the EMPIRE's fleet of STAR DESTROYERS, TIE FIGHTERS, WALKERS and Imperial ALL TERAIN ARMOURED TRANSPORTS is cheap these days.
Vaders got wages to pay, FLEET Maintenance Costs and a DEATH STAR SIZED premium to pay for Insurance policies...
2nd trade for 2021 - Current Percentage - 0%
Our little Bull is still feeling energetic as of the time of typing. GBP V's AUD
4 hour has zero BEAR PA currently - Surprising
Daily level encountered now, but failed to send the price lower.
1 hour Double Top showing at the daily level.
Plenty of room to that next Daily level above.
RISK 1% - $1000.
1st Trade for 2021.
Looking for better Value before the move long.
Straight Shot to next level. Pivot Sits Up to of our PA.
Let's see if our little Bully Friend is correct.
Who will win the match..
Bull and Bear ready for battle...
Both trained in the art of technical analysis.
Both familiar with various indicators and dynamic support levels.
The trend seems to be strong with bear. But Bull will not yield ground so easily.
Stay tuned to see which of our grand masters wins the day.
Momentum swing higher.
Fib retrace. Acting as a barrier for move lower.
Pivot level in the way of stop and PA currently
Entry north of R1 slightly.
EMA dynamic support to assist.
DONKEY INDICATOR points to a move higher.
Trade falling inside of the pivots.
Bull MACD still present, even more so now than previous idea.
50 EMA acting as dynamic resistance.
Entry will occur from a double bottom.
Again this is something new I'm trialing. Got into the trade too early yesterday.
R:R has improved follow yesterday's efforts, so this trade will recoup the lost 1% from the 18th NOV.
Getting in before the move above the 50 EMA.
Safe Entry would be a retest of the 50 EMA (50 - acting as dynamic resistance).
Getting in early and out before everybody else in current setup.
Can't give a pictorial description using arrows as this is a method i'm experimenting with.
TARGET BOX shows the idea.
Good daily momentum so may be a little difficult to get the pull back for the entry.
Again, not looking for the exact pattern shown with the arrows, maybe compressed or prolonged for the day.
Break and Re-test.
Huge sell off over the past week about due to claw back ground.
Looking left on the 1 hour at least 3 clear turning points.
No taking the trade until we get the breach and retrace.
Maybe pushing the target with alittle bumpy PA heading into target but doable.
Here it is..
A Monster trade in preparation phase.
Super Low risk with Super high Rewards.
Watch the move lower, look for the small zone to slow price and then an entry to Those stand out highs.
Easy as handling a Death Stalker.
( Incidentally did you know scorpion venom is worth something like $8000.00 a gram )