Notes are in the chart. Please comment. I'm an eternal student, and there's always good counter-input out there.
Following up on an idea that I posted last week. The USDCHF is now at a point where traders who are aggressive with their risk management can look to roll and trails tops with structure (on the 4hr TF) One of the most important lessons that I've learned over the years from my personal trading and from my time as a money manger, is that how you manage a trade once...
Which way will we go? In-position: -Stop Loss: $595 ~ 599 Sleeping in fiat: -Buy: $621 onwards
OPEN POSITION AT 0.87958 TAKE PROFIT AT FIRST TARGET 0.84535 STOP LOSS AT 0.88714 NEXT TARGETS AT 0.82482 --> 0.80822 --> 0.79163
This is a pennant long that came up on our scan last week when it was only a flag pole. It has been on my watch list since then and I am now fairly confident in the risk/reward to publish. I am using both an aggressive target and aggressive entry. In order to do so I have increased my risk exposure. Not for the faint of heart. Entry: 2.98 Stop: 2.70-9.3% Target:...
This came up on our Smart Money Scanner yesterday. Double bottom extremes trade. This is looking like a tight trade. Good risk/reward combined with good potential for a second target. Entry: 9.66 Stop: 9.53-1.3% Target: 9.99-3% Risk/Reward: 1/3
Trade from my watchlist came into play. Comments on the chart.