meszaros
Long

NEOUSD Trading...

BITFINEX:NEOUSD   NEO / U.S. Dollar
To the left of the analysis is the 2.2 RR trading. To the right is theory. The current entry point is the intersection of the MA100,200. This is a very strong level. The target price is the 50% ATR axis of the exchange rate movement, which started at a similar level.
the giant HS scares me off here , which shows on all majors
Reply
I like this call but I would be setting my sell somewhere around the $10.29 - $11.40 ranges to ensure a close if the up-move is not as strong as previous.
I think this is a very good call though.
Reply
meszaros Delta_Traders
@Delta_Traders, Thank you for your opinion. I agree with your suggestion. I think of this analysis as a 1-2 day period. The STOP order was determined by the target price (2RR). The target price is given by a half ATR distance and a fractal size at the same time. These two signal hit rates are now over 50%. But anything can happen. In case the trade turns against me, I have a scale-out.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out