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How to navigate any turn 2 steps ahead! Real Time examples!

Live - Real Time - Trading examples of navigating the turn(s) - swings - in any market. (In this case: EURUSD & EURGBP)
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The following *** Live Trading snapshot *** can be found in this Real Time Trading Post:

This Week's Focus; EUR, GBP and their Crosses (USD & JPY)

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EURUSD - 5 min.; 09-24-2020, 02:05 EST.
Buy - LONG market; w.33 pip Trailing Stop.
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EURUSD - LONG;

Buy - LONG market; w.33 pip Trailing Stop.

EURUSD - 5 min.; 09-24-2020, 02:05 EST.

Most likely Price Action - for reference only.

35 mins. later

45 mins. later

60 mins. later

70 mins. later

95 mins. later

100 mins. later

120 mins. later

... and...

145 mins. later

... and here it is, the same market (EURUSD)...

... "many" minutes later.
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This Live (Real Time) Trading example (EURGBP) can also be found in the same post as the one above:

The commens for this live (real time) example are included in the charts.

============ EURGBP ==================

Entering LONG here:

Then...

... and ...

Then...

... and...

... and ...

Then... BOOM!!

... and ...

... and finally:

Note

Something useful to remember;
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While Market Tops are usually "Processes" - long and drawn-out -, Market Bottoms tend to be Events" - usually a single, violent / volatile day.

- Cheers

Note

Also...
In FX, there is no such thing as: "overbought" or "oversold". (Believe that!)

Note

One, other need-to-know;
In the FX Markets, major, important Harmonic Patterns, foreshadowing significant changes in the main trend, are often completed suddenly and "violently" during an "important", pre-scheduled news event - i.e. during Central Bank yekkedy-yek, or Federal Reserve blah, blah, blah., etc.
Knowing this, you do not care even if the Queen of England, herself, is buying the British Pound, to mark her completision a brand new pole-dance routine, if the GBP happens to be in a Bearish Deep Crab's PRZ (Potential Reversal Zone), *** on some higher time frame - i.e., Daily and up ***, for example, you are SELLING! - And selling it, and then selling it some more!!... Because unless the BoE physically runs out of paper on which to print the Pound, and for you to short some more, you know better than to fall for it. - Right?! Because in that case you are right and they are wrong, it's simple as that. (Now, in the case of the SNB one may wish to be a little more cautious because those Swiss jokers can - and generally: will! - do things to you that will have you talking to yourself for the rest of your natural life.)

Note

Here is an other, Real time example; The S&P 500, Daily,
which was posted on Sept. 9., 2 full weeks (16 days) ago, in this post:

SP500 (SPY) Hard SELL off of 3440-3500. Good for 400 points!

Play this Daily Chart (the title chart) forward and convince yourself how the above concepts (The Turn) are working out?! - In this case on a much higher time frame; i.e. Daily.

Note

Here is an other one;
The Dow (E-mini)Daily, posted 17 days ago, on Sept. 8th:

Note

... or this one - AUDJPY 4 hr.; posted on Sept. 9.:
(just play it forward)

AUDJPY 4hr. SELL; About to take a nasty spill!

Note

This is a Monthly Chart - GBPUSD -
that has been following those arrows for the past 12 years, by now!!

GBPUSD Short; Driving under <1.10! - This is how...

Note

or this one...

... from back in August.

Note

This one is also a Weekly, from back in August:

Natural Gas (Weekly) SHORT. SELL in Bearish SHARK PRZ

... that turned out to be good for +668% Net R.O.I. in 7 trading days!!

Note

... and this one...

... all from this post:

Weekly Market Focus 09-28: S&P500, WTI Crude, OJ, EUR, AUD, JPY

Nemo_Confidat

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