"Trade of the Week: Will the Downtrend Persist?"
This operation was from the last week 4.5% Win !
30 min: Down structure
4 hours. Still Down structure but it broke the last high point.
Plan: The green line in in four hours could cause a change in our graph that's why my take profit is 4.5% close to the green line. We could get into the trade again, but I don't see any clear entrance.
Stop loss plan: -1%, break even, take profit.
30 min: Down structure
4 hours. Still Down structure but it broke the last high point.
Plan: The green line in in four hours could cause a change in our graph that's why my take profit is 4.5% close to the green line. We could get into the trade again, but I don't see any clear entrance.
Stop loss plan: -1%, break even, take profit.
Trade active:
Stop loss = Break even
Trade active:
The graph looks like it wants to keep going up. we could take 1% or respect our stop loss at break even. im going to wait until 10 to see what happen there.
Trade active:
New York session looks like is in favor of USD. now wait until it crosses the BOS line.
Trade closed: stop reached:
Break Even
Comment:
