SZ are calculated for week 39.
Price action determines trades.
Price action determines trades.
Note
Price broke past lower SZ for a recalculation.New SZ at 556 -499
Entry @562
Sl -10pips
Note
Price pinching +20pipsMove SL to BE
Note
Price pinching +40pipsMove SL to +15pips
Note
Price pinching +70pipsMove SL to +40pips
Note
Price pinching +90pipsMove SL to +60pips
Note
Move SL to +80pipsTrade closed manually
Entry @562, pinched +90pipsQuick sell @502
Sl -10pips
Note
Momemtum completely down bcos of EOD.Lets see what price does 2mao, could continue upwards but looking for a retrace of about +20pips from entry
Note
2 trades: +90/-10 = 80pp.Price did retrace as expected, but not to a buy SZ.
Continuing higher today, will be looking for sell setup around 971 for a good swing down.
Note
As hoped. Price bouncing off 971 level for entry @915 SL -10pips
Note
Trade activity concluded for the week.3 trades: +90/-10/0
80pips pinched.
Have a great week-end
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.