pending order at 1.1994 stop is only 15 pips Huge reward potential on this.
As long as the 4110 low holds, I expect a retrace at 4184. I prefer to put a pending at 4182 for slippage reasons. Stops at 4197 still targeting 4k
Calling short. 25 pt stop. I'll cut my position in half and move my stops at break even when the market hits 4220
Page 17 of the book that masters the art of Market structure. Elliott Wave Analysis. The Resistance of 65k however was not Learned With Elliott. The Chart Displays the Textbook definition of the Ending Diagonal where wave 3 is the shorter and travels into the price territory of wave 1. Another thing to note in the subwave structure is that they are 3...
Keeping risk tiny and reward decent taking off half at 1.19320 then moving stops to break even. Position 1 of many.
While the spx can go bullish from current levels, a drop to 3630 will get me long 3605 as stoploss and moving stops to break even at 3655
Shorting Eurjpy at 124 stops at 125 cutting half at 123 while moving my stops to break even. This type of risk management allows me to take half off the table and securing it as long as the market hits 123. Looking for full target to the lower 120 level or lower possibly
My trading plan currently allows me to add short at the 1.01 level, with stops at 1.02, to my previous position which is currently at break even. Good luck. Happy trading!
Based off of my previous post, I have taken a 10% loss however I have a revision. Buylimit at 1.72 Stops:1.71 I will break even at 1.73 but I will look at the market to proceed towards 1.76
I expect the market to bounce at 1.2715 on may 20th or so. Nothing further. price and time is key.
Buy limit at 1.74 stops at 1.73 tp 1 is at 1.75 tp2= 1.76 and if we clear above that 1.78 would be our final target. At .75 I will take half of my position and move my stops to break even. Risking 10%
The market has to hit .74 or .76 by the 16th to confirm both entry and direction. Price and time is key.
Usdchf will not touch 1.03 until it has had a good break to the downside. Risking 10% , I will cut half of my position at 1.01 securing 5% while moving my stops to breakeven as well 1.00 and .98 are additional targets
Strong possibility for Eur/Usd to drop 200-600 pips further from current levels. I was able to secure 5% on my previous post but as long as the April 12th 2019 high stays Intact, we are due for a turn on may 27th at one of these price levels. Price and time is key.
possibility of a long at the 1.12 area stops at 1.11. The yellow line represents my minimum break even target I will cut my position in half and move my stops to break even once the market hits 1.13 1.14 and 1.16 are additional high probability take profit targets
As you can see, with uj we are back at the 113.6 level coming to the close of the day. no time signal supported but I wouldnt be surprised if we drop. Stoploss is 40 pips take profit is at the -27.2 line at the bottom