EUR/CAD Kobane Trading Plan 5/27/19 Tyree Thomas Jr Kobane Trading Plan 5/27/19 Tyree Thomas Jr EUR/CAD mark up for the week and check back because I may update my mark up
later in the week. The alert is set at the 38.2 level on the Fibonacci retracement tool, that level can also serve as a notice to manage your risk and move your trade into to stop profit.
The support and resistance lines serve as technical indicators and they are the 786 level on the Fibonacci retracement tool.
The alert can also serve as a the take profit instead of waiting for the market to hit the take profit that is posted.
With all of my trades, the first trade entry is set at a 1 to 1 ratio, and the second trade entry is set at a 2 to 1 ratio. I forgot to mention this on the other mark ups that I published.
Kobanetradingplan
EUR/AUD Kobane Trading Plan 5/27/19 Tyree Thomas JrKobane Trading Plan 5/27/19 Tyree Thomas Jr EUR/AUD mark up for the week and check back because I may update my mark up
later in the week.
The market my ping pong between the green support line and the red resistance line, those lines represent the 786 level on the Fibonacci retracement tool.
I use the 786 fib level because at the 786 level is where the market usually makes a decision to continue going in the direction that it is going or turn around and go in the opposite direction and when the market does that then I use the support and resistance line
to take profits.
Kobane Trading Plan 5/19/19I am expecting this trade to hit the 1.27 fib extension level that I marked up from the previous most recent high to the most recent low and then turn around and go to the buy entry that I have set.
The sell entry that I have set is marked just in case the market retraces.
Once the market finishes the 1.27 fib extension move,
I will update that mark as the most recent high to the most recent low for a sell entry.
5/13/19 G/Cad Kobane Forex Trading Plan mark upThis is my 5/13/19 G/Cad Kobane Forex Trading Plan mark up for the week, I am expecting 250 pips out of these two positions.
My Trend Lines are marked up on the Daily time frame.
I used the Fibonacci tool to mark up the most recent highs and the most recent lows and the most recent lows and the most recent highs. The green and red rectangles represents the 618 and the 50 Fibonacci levels.
My support and resistance lines are the 786 and the 883 on the Fibonacci tool and they are the last levels right before the supply and demand zones.