๐ NEW SETUPS ๐
-SL @ 1.1140 ๐ซ (conservative)
-SL @ 1.1085 ๐ซ (moderate)
-SL @ 1.1000 ๐ซ (aggressive)
SLO4 @ 1.1063 โณ
SLO3 @ 1.1053 โณ
TP1 @ 1.1000 ๐ค
SLO2 @ 1.0990 โณ
SLO1 @ 1.0980 โณ
TP2 @ 1.0933
TP3 @ 1.0905
SUPPORT (MAJOR) @ 1.0900
TP4 @ 1.0805
1๏ธโฃ If the 1H DT Curve holds, then our SLO1/SLO2 should work in our favor
2๏ธโฃ However, if this 15H Curve holds, PA could PB and reach as high as our SLO3/SLO4
๐ค WE HIT OUR TP1 @ 1.1000 ๐ค
3๏ธโฃ There is a MAJOR SUPPORT LEVEL @ 1.0900. The conservative bet would be to exit all short positions above this price, wait for PA to PB, then re-enter at a higher price to short it again
4๏ธโฃ After we short it again, we'll target TP4 @ 1.0805
๐
BLO = BUY LIMIT ORDER
DT = DOWNTREND
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
PB = PULL BACK
SL = STOP LOSS
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
This is an Intermediate Time Frame trade (4 hours to 6 day):
โ Offers a clearer picture of the underlying trend compared to short-term frames.
โ Provides more opportunities for confirmation signals and technical analysis.
โ Allows for more flexible trading schedules, trades can be held overnight.
โ Suitable for swing traders and some positional traders.
-SL @ 1.1140 ๐ซ (conservative)
-SL @ 1.1085 ๐ซ (moderate)
-SL @ 1.1000 ๐ซ (aggressive)
SLO4 @ 1.1063 โณ
SLO3 @ 1.1053 โณ
TP1 @ 1.1000 ๐ค
SLO2 @ 1.0990 โณ
SLO1 @ 1.0980 โณ
TP2 @ 1.0933
TP3 @ 1.0905
SUPPORT (MAJOR) @ 1.0900
TP4 @ 1.0805
1๏ธโฃ If the 1H DT Curve holds, then our SLO1/SLO2 should work in our favor
2๏ธโฃ However, if this 15H Curve holds, PA could PB and reach as high as our SLO3/SLO4
๐ค WE HIT OUR TP1 @ 1.1000 ๐ค
3๏ธโฃ There is a MAJOR SUPPORT LEVEL @ 1.0900. The conservative bet would be to exit all short positions above this price, wait for PA to PB, then re-enter at a higher price to short it again
4๏ธโฃ After we short it again, we'll target TP4 @ 1.0805
๐
BLO = BUY LIMIT ORDER
DT = DOWNTREND
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
PB = PULL BACK
SL = STOP LOSS
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
This is an Intermediate Time Frame trade (4 hours to 6 day):
โ Offers a clearer picture of the underlying trend compared to short-term frames.
โ Provides more opportunities for confirmation signals and technical analysis.
โ Allows for more flexible trading schedules, trades can be held overnight.
โ Suitable for swing traders and some positional traders.
๊ฑฐ๋์ฒญ์ฐ: ํ๊ฒ ๋ฟ์:
EURUSD: Curve Analysis (15H)
SLO1 @ 1.1015 ๐ +115 pips
TP1 @ 1.1000 ๐ค
SLO2 @ 1.0980 ๐ +90 pips
TP2 @ 1.0933 ๐ค
TP3 @ 1.0905 ๐ค
SUPPORT (MAJOR) @ 1.0900 TOOK PROFIT
๐ค WE HIT OUR TP1, TP2, & TP3โผ๏ธ
๐ค GROSS PROFIT @ +205 pips
โ ๏ธ We've reached a SUPPORT LEVEL @ 1.0900. I have taken the conservative bet and I HAVE EXITED ALL OF MY SHORT POSITIONS
๐ค This morning's USD News @ 08:30 ET / 05:30 PT could cause PA to PB and reach as high as our 1.0970 (a POC)
โ๏ธ I'm waiting for PA to PB, then re-enter at a higher price to short it again
๐ฏ After we short it again, we'll target 1.0805
๐
BLO = BUY LIMIT ORDER
DT = DOWNTREND
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
PB = PULL BACK
POC = POINT OF CONTROL
SL = STOP LOSS
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
๐ฐWE HIT OUR TPs๐ฐ
EURUSD: Curve Analysis (15H)
SLO1 @ 1.1015 ๐ +115 pips
TP1 @ 1.1000 ๐ค
SLO2 @ 1.0980 ๐ +90 pips
TP2 @ 1.0933 ๐ค
TP3 @ 1.0905 ๐ค
SUPPORT (MAJOR) @ 1.0900 TOOK PROFIT
๐ค WE HIT OUR TP1, TP2, & TP3โผ๏ธ
๐ค GROSS PROFIT @ +205 pips
โ ๏ธ We've reached a SUPPORT LEVEL @ 1.0900. I have taken the conservative bet and I HAVE EXITED ALL OF MY SHORT POSITIONS
๐ค This morning's USD News @ 08:30 ET / 05:30 PT could cause PA to PB and reach as high as our 1.0970 (a POC)
โ๏ธ I'm waiting for PA to PB, then re-enter at a higher price to short it again
๐ฏ After we short it again, we'll target 1.0805
๐
BLO = BUY LIMIT ORDER
DT = DOWNTREND
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
PB = PULL BACK
POC = POINT OF CONTROL
SL = STOP LOSS
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
Professor C. E. Ward