In about 8 hours I will try to open a Shortpostion, the TD indicator will bring a Daily 9 which Potentially should lead to a 1-4 day correction (source Tone Vays). In the 4 hour timeframe it should hit the 9 in about 8 hours.
Plan is to Open the Position at 7700 with a StopLoss of 8000, Target about 6800 maybe having a close trailing if it comes to that region.
Notice: Im just a newbie and nobody should Trade based on what I post, its just my Personal oppinion how it should go according to the TD indicator.
Plan is to Open the Position at 7700 with a StopLoss of 8000, Target about 6800 maybe having a close trailing if it comes to that region.
Notice: Im just a newbie and nobody should Trade based on what I post, its just my Personal oppinion how it should go according to the TD indicator.
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Ignore the Report down there, it has nothing todo with the Strategy im using :)
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Daily View:
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Only thing im unsure atm if we will reach the 7700 but lets see what level we have when the 4 Hourly TD9 occurs.
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We are as well on Track on the Hourly Chart, on that we should have to go 4 more Hours to hit a 9 There as well, question is just at which level.
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The 9 will also be a Countdown 13 in the hourly
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Now we started the 4Hrly TD9, I gonna wait 1-2 more hours before adding some positions, dont think we gonna reach 7700 in that time but we see.
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We are going down now, didnt reach the 7700 but enetered at 7450
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As I entered so late at 7450 the RR got quite bad, the Stoploss im using for now is 7820 and Target still 6800.
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Check out Tone Vays Video, he thinks that we maybe have topped yesterday:
twitter.com/ToneVays...s/927434784497745920
twitter.com/ToneVays...s/927434784497745920
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Stop Loss Adjusted to 7510
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Stop Loss Adjusted to 7210, Target way lower than 6,8k.