Break and retest of the area of interest (AOI) has now given us a buying opportunity
Inverted Head and Shoulders pattern on NZD/USD. We anticipate a market structure shift (MSS) toward the upside, if the trade play out as anticipated then we wait for break and retest of the neckline to buy.
Develop a Risk Management Strategy. One key element to becoming a successful trader
The formation of a double top pattern is a indication of market structure shift (MSS) towards the down side . The break below the neckline and retest of the area of interest (AOI) has played out as we anticipated. Now we wait for out entry model to appear to open a short position.
What is the 3-5-7 rule in trading? The 3–5–7 rule is a pragmatic framework to simplify risk management and maximize profitability in trading. It revolves around three core principles: We chose to limit risk on individual trades to 3%, overall portfolio risk to 5%, and the profit-to-loss ratio to 7:1.
Put your entry order where all the retail traders put their stop loss and see what happens when the liquidity grab sweep all the stop loss and activate your entry.
A break and retest at a well respected area of interest (AOI) is now showing some rejection giving us a buying opportunity.
Break and retest at area of interest (AOI) is now showing some rejection. Ready to sell as soon as the sell entry model appear at the (AOI) then we sell.
If the price break above the well respected area of interest (AOI) or resistance zone, then we wait for a retest to buy. But if the price fail to break above the resistance zone then we anticipate the price to pull back and retest the well respected area of interest (AOI) or support zone then we can buy. Note: Overall market trend is bullish, we are only looking...
The formation of head and shoulder pattern is a indication of Market Structure Shift (MSS) in the trend adding towards the downside, now we wait for the price to break below the neckline and retest to sell.
Price has break below a well respected area of AOI interest now we wait for price to retest AOI to sell.
A well respected resistance ( supply) zone has been retested . Now we have a sell opportunity targeting the next support (demand) zone
November 1, 2024. I published the the swing trade idea saying " Price has now break above strong support/resistance (supply and demand zone), a very well respected area. Now we wait for the price to retest the demand zone to buy, with my strategy it could be a 60% grade." Today November 15, 2024. Price has retest the well respected support zone has expected and...
Price break below well respected point of interest zone (support). Now we expect price to pull back to retest the supply zone to sell.
Price break below well respected point of interest zone (support). Now we expect price to pull back to retest the supply zone to sell.
Price has now break below strong support/resistance (supply and demand zone), a very well respected area. Now we wait for the price to retest the supply zone to sell. A easy 1:2 RR is the target or swing trade for high RR.
Price has now break break below strong support/resistance (supply and demand zone), a very well respected area. Now we wait for the price to retest the demand zone to sell. If the trade Idea respect my setup, it will give a 1:3 RR.
Price has now break above strong support/resistance (supply and demand zone), a very well respected area. Now we wait for the price to retest the demand zone to buy, with my strategy it could be a 60% grade.