Yesterday or so, I posted about selling USDCHF but it is risky, and indeed risky it was because the opportunity has been utilised already.
We would need to wait for the music to stop and start again before we walk around the chairs, and now, the music has stopped and started, again.
Price came back to the 200SMA, to stop the music, and now we have a trend again signalling that the music has begun.
Price has made the first significant setup as seen on the chart.
I will only be eyeballing because I am testing out my theory.
I think I need to see my previous entries in the moving average series, to see what I done right and what I done wrong.
Done right = I profited
Done wrong = I loss
It's not perfect but I think I know what to look out for.
Look out for when price is retracing, and I entered that i profited.
And look out for when price was in its impulse move and I entered and loss.
1616SGT 20032025
We would need to wait for the music to stop and start again before we walk around the chairs, and now, the music has stopped and started, again.
Price came back to the 200SMA, to stop the music, and now we have a trend again signalling that the music has begun.
Price has made the first significant setup as seen on the chart.
I will only be eyeballing because I am testing out my theory.
I think I need to see my previous entries in the moving average series, to see what I done right and what I done wrong.
Done right = I profited
Done wrong = I loss
It's not perfect but I think I know what to look out for.
Look out for when price is retracing, and I entered that i profited.
And look out for when price was in its impulse move and I entered and loss.
1616SGT 20032025
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Related publications
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.