TRADE PARAMETERS
Pick Date : 03/19/18
Entry : 0.7281
Stop : 0.7301
Target : 0.6499
TRADE STRATEGY
Income Type : Swing
ENTRY
0.7281 is a 4H demand zone. Set and forget limit order. Price will need to have a strong move into the zone.
STOP
0.7301 is 20 PIPs.
TARGET
0.6499 is the next monthly demand zone. Speculating a move lower because the opposing monthly supply was respected Chart should form a monthly lower low and lower high down trend.
Pick Date : 03/19/18
Entry : 0.7281
Stop : 0.7301
Target : 0.6499
TRADE STRATEGY
Income Type : Swing
ENTRY
0.7281 is a 4H demand zone. Set and forget limit order. Price will need to have a strong move into the zone.
STOP
0.7301 is 20 PIPs.
TARGET
0.6499 is the next monthly demand zone. Speculating a move lower because the opposing monthly supply was respected Chart should form a monthly lower low and lower high down trend.
Note
Not liking this price action. Entry moved higher to 0.7298.Trade active
Trade open at 0.7295. Took it confirmation with a 15 pip stop.Trade closed: stop reached
Stop was triggered. Trade idea was a bust.
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.
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.