SSO1 @ 1.0585 ⏳
SSO2 @ 1.0575 ⏳
TP1 @ 1.0560
TP2 @ 1.0533
TP3 @ 1.0515
TP4 @ 1.0485
Unfortunately, PA pulled all the way back to our +SL and we only made +3 pips. So, let's try this swing again.
SSO2 @ 1.0575 ⏳
TP1 @ 1.0560
TP2 @ 1.0533
TP3 @ 1.0515
TP4 @ 1.0485
Unfortunately, PA pulled all the way back to our +SL and we only made +3 pips. So, let's try this swing again.
Bình luận:
-SL @ 1.0617 🚫
SSO1 @ 1.0585 📉
SSO2 @ 1.0575 📉
TP1 @ 1.0560
TP2 @ 1.0533
TP3 @ 1.0515
TP4 @ 1.0485
ADDITIONAL INFO:
📉 Both of our Sell Orders have been triggered
📈 PA pulled back about -21 pips and put us in drawdown
⏳ It's time to exercise PAYtience™
🚫 If our -SL @ 1.0617 is triggered, then I'll be placing the same SSO @ 1.0585 to try and catch the drop again.
-SL @ 1.0617 🚫
SSO1 @ 1.0585 📉
SSO2 @ 1.0575 📉
TP1 @ 1.0560
TP2 @ 1.0533
TP3 @ 1.0515
TP4 @ 1.0485
ADDITIONAL INFO:
📉 Both of our Sell Orders have been triggered
📈 PA pulled back about -21 pips and put us in drawdown
⏳ It's time to exercise PAYtience™
🚫 If our -SL @ 1.0617 is triggered, then I'll be placing the same SSO @ 1.0585 to try and catch the drop again.
Bình luận:
I'm back in my EURUSD short with:
SSO @ 1.0600 📉
SSO @ 1.0600 📉
Đóng lệnh: dừng lỗ:
🚫 -SL @ 1.0617 was triggered AGAIN 😡
🤔 PA moved about 25 pips above our Pivot High which means the curve is changing and that we need to re-evaluate it.
📊 The war has also lead to increased volatility in the market, as investors react to the latest news and developments.
⚠️ These developments could make it more difficult to trade, and could lead to larger price swings.
🛡 Risk-Management is vitally important at a time like this
✍️ STANDBY FOR AN UPDATED ANALYSIS
🤔 PA moved about 25 pips above our Pivot High which means the curve is changing and that we need to re-evaluate it.
📊 The war has also lead to increased volatility in the market, as investors react to the latest news and developments.
⚠️ These developments could make it more difficult to trade, and could lead to larger price swings.
🛡 Risk-Management is vitally important at a time like this
✍️ STANDBY FOR AN UPDATED ANALYSIS
Bình luận:
EURUSD...Curve Analysis (216m)
🤔 It appears that PA is reacting to the curve found from the PL @ 1.0449 up to the PH @ 1.0737
📉 Based on the current position of PA, it's possible that it is still shorting;
⚠️ However, the next area of importance houses two critical levels:
(1) Demand Zone and
(2) Major Support Level
🤝 Together, these two critical levels could be the catalyst to continue the UT.
📈If price opens/closes ABOVE 1.0640, we should anticipate a continuation of the UT
📉 If price opens/closes BELOW 1.0554, we should anticipate a continuation of the DT
🔑
DT = DOWNTREND
PA = PRICE ACTION
PH = PIVOT HIGH
PL = PIVOT LOW
UT = UPTREND
EURUSD...Curve Analysis (216m)
🤔 It appears that PA is reacting to the curve found from the PL @ 1.0449 up to the PH @ 1.0737
📉 Based on the current position of PA, it's possible that it is still shorting;
⚠️ However, the next area of importance houses two critical levels:
(1) Demand Zone and
(2) Major Support Level
🤝 Together, these two critical levels could be the catalyst to continue the UT.
📈If price opens/closes ABOVE 1.0640, we should anticipate a continuation of the UT
📉 If price opens/closes BELOW 1.0554, we should anticipate a continuation of the DT
🔑
DT = DOWNTREND
PA = PRICE ACTION
PH = PIVOT HIGH
PL = PIVOT LOW
UT = UPTREND
Professor C. E. Ward
📈 FLIP ZONE 📉
A flip zone is a price level where there is a significant shift in supply and demand. This can happen when price is moving in one direction and reaches a level where there is a lot of resistance or support — in our case, resistance
If buyers are unable to overcome this resistance, price will most likely reverse and return to the DOWNTREND direction.