move your stops below your entry
WATCH THE TRADE FOR LAST MOVEMENTS TO THE DOWNSIDE
Quick update on my short at 1.23919, which I added to it and talk about in the video. I added to my position and now thinking that might have not been the best move. While I'm still in profit, I'll be watching closely to see if i need to closed and look for reentry.
UPDATE! THANK YOU GUYS FOR WATCHING KEEP YOUR STOP BELOW YOUR ENTRY AND LET IT RUN
IF YOU MISSED THE TRADE THATS OKAY.. LOOK FOR A SELL LIMIT AT THIS LEVELS
As we have been planning...the Equities markets are bleeding and getting near the point of NO RETURN. (hah...get it?) We outline the critical moments in DOW and what bloody mess lies ahead for global equities... Grab your dried food storage and water purifiers....this is about to get interesting!
Quick follow up video to explain my thoughts on taking a short at 1.23919, which i'm currently sitting at about 120 pips in profit. Looking for this to be a very long term trade, so we'll see how it plays out. SL has been moved to just below entry. Just going to sit and what to see how it plays out.
This is the follow on video to the post i just made that explains why I went short on GBP/CAD. My manual post is linked below and is the post, I will likely update as this trade plays out. Give me a like and leave a comment with your thoughts. Thanks
WAIT FOR IT TO MAKE A LOWER LOW BEFORE ENTERING, THAT C LEG SHOULD ALREADY BE DONE THIS WEEK
I've started to watch GBP/USD a little more closely now, as price action is starting to close in on a mid 2016 supply zone that has not been touched since that time. Personally, i don't use a bunch of indicators on my charts, i just plot out what i believe to be strong supply and demand zones and simply wait for price to get there. Once there, I'll simply look...
USDJPY SHORT SET FIB COMPLETIONS / PRICE ACTION
EUR/USD Has seen it Exhausted 2000+ Pip Bull Run Come to A Halt. A double Top is Seen on the Daily Timeframe that is essentially mirrored inversaly on the DXY. Tommorows CPI numbers for the Euro could prove to be a catalsyst for a break of this structure. CBOT:TN1! Have been rising as well thus bringing the Dollar Strength narrative into play. When the Media...
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) Indicators used in this forecast are PRO Sinewave & PRO Momentum . You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil If you want to learn more about the basic rules to trade with my...
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil If you want to learn more about the basic rules to trade with my indicators here's the educational video link :