This is a dialog of a small account and growing it to make a career of trading and some of the dialog that goes on as a trade is playing out.
This is a long formulated to show the difference in the original students of the mentorship and the YT Mentorship students how the trade idea from the YouTube model comes to fruition. Long today top to 4005 so that it can build sentiment in market if and when it continues with CPI move.
Lows taken now off to take out Monday and Tuesday highs! I would like to have seen a run to 3879.75 optimally but it might take out today high and then return to this on Wednesday with a volatility injection then move higher just moving higher on weekly and daily to run down a little lower long term. At this time I feel on a short term basis dollar needs to cool...
PM session long setup................................................. on to take monday and tuesday high NEXT!!!!!!!!!!!!!!!!!!!!!!!!!!!!
SHOULD BE A BIG MOVEMENT FROM THE BUY AREA DENOTED TO THE AREA DENOTED FOR PROFIT
GBP/AUD SHORT BACK TO ENTRY POSITION FOR BULLISH CONTINUATION
looking for a retracement back to entry for a bounce off bottom of overall low 2 entries first target to previous high then second to the entry point for a continuation to go short once first target is hit move stop to breakeven on second and follow on a hourly chart moving it up as every new pivot is formed
back to back trades need to be nimble on this on but short term relief to Fridays high \ and then short from big figure number down to this weeks area of support probably will hit near this and themn come back up around weds and thurs preparing for nfp and then blast back down
AUDUSD RETEST TO AREA OF CHANNEL BREAK .67295 ENTRY .6720 STOP .6780 SECOND TARGET .6750 FIRST TARGET AND MOVE STOP TO BREAKEVEN
rsi divergence loss of momentum and return to test lows and continue the bearish trend
EUR/JPY LOOKS LIKE A NICE INTRADAY SHORT NOW AT 122.81 WITH A 10-12 PIP STOP LOSS TO A TAKE PROFIT OF 122.35 46PIPS LOOKS LIKE SELLERS ARE COMING BACK TO TAKE OVER A GIVE BUYERS A LITTLE BREAK LOOKING FOR A REENTRY AROUND THE122.35ISH AREA IF E/J SHOWS ME A LONG ENTRY REASON TO RESUME UPMOVE
LOOKS LIKE 1.7090ISH AREA WOULD BE A GOOD POSITION TO LOOK FOR A ENTRY REASON TO GO SHORT TO AROUND 1.7039 AREA BEFORE CONTINUEING TO GO LONG
.786 FIBO RETRACEMENT TRADE EUR/USD RETRACE TO PREVIOUS LOW
EUR/USD SHORT FIRST TARGET 1.1385ISH SECOND TARGET OF 1.1335ISH