🔥 NEW: NZDUSD 🔥 SWING 🔥
BSO @ 0.6145
BLO1 @ 0.6115
BLO2 @ 0.6075
PA has kissed a Major Support Level without satisfying the Demand Zone.
However, being the the BIG PICTURE trend is up, it is possible that PA is creating a Higher Low @ 0.6145 to reflect a continuation of the UT.
1 Shaving 50% of my position @ TP1 thru TP3
2 Add-Ons are 50% Buy Stop Order positions
3 Closing ALL Buy Orders @ TP4
NZDUSD (pip movement per strategy):
STRATEGY PIP MOVEMENT
Scalping 10-20 pips
Intraday 20-40 pips
Swing 40-80 pips
Position 80-120 pips
TIME FRAME AVERAGE ATR
1 day 20 pips
4 hours 10 pips
1 hour 05 pips
15 minutes 03 pips
5 minutes 02 pips
⚠️ TREND
— Momentum: Big Picture Uptrend
— Price Action: Ranging with an Uptrend Bias
— CounterTrend: NO (moderate risk trade)
BLO1 @ 0.6115
BLO2 @ 0.6075
PA has kissed a Major Support Level without satisfying the Demand Zone.
However, being the the BIG PICTURE trend is up, it is possible that PA is creating a Higher Low @ 0.6145 to reflect a continuation of the UT.
1 Shaving 50% of my position @ TP1 thru TP3
2 Add-Ons are 50% Buy Stop Order positions
3 Closing ALL Buy Orders @ TP4
NZDUSD (pip movement per strategy):
STRATEGY PIP MOVEMENT
Scalping 10-20 pips
Intraday 20-40 pips
Swing 40-80 pips
Position 80-120 pips
TIME FRAME AVERAGE ATR
1 day 20 pips
4 hours 10 pips
1 hour 05 pips
15 minutes 03 pips
5 minutes 02 pips
⚠️ TREND
— Momentum: Big Picture Uptrend
— Price Action: Ranging with an Uptrend Bias
— CounterTrend: NO (moderate risk trade)
Professor C. E. Ward
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