ES1! 2/24 @ 3:25 AM
Either
A) Fade back into Value
B) Play into next static value area
Used Fixed VP for Static Levels and VWAP for Dynamic Levels to ride and manage floating positions.
Fundamentals/Economics weren't included in forecast.
pretty simple, after stimulus hit fib level to return back the downside eventually hitting trend line on said chart. hr chart. put sl just above next fib level.
charting analysis 3/17/2020 took a long off of EUR/AUD because rejction off of the 30 min resistance, trend lines on the 15min, more res and support on the 15 min. Retracement off of the 61.8 level as a pullback for the retracement. Capturing 106 pips to the upside smashing all tp levels, and a push to the major resistance where I we're to exit.
Price is on a strong 4h uptrend, and re-test break of structure (possibly if probability is likely), going Long would catch a well amount to certain TP Levels 1,2,3, and maybe 4. We never trade News between GU, and GJ. We Wait for confirmations of confluence within time frames, quarters points being respected or rejected, and trend lines at the day to create an...
