BTCUSD update. Reverting to a previous technical STOP LOSS correction of price movement.
EURUSD long entry point is 1.10334. Last week I made 400 pips profit on the EURUSD movement. I still use a similar strategy. For entry I choose to retest the lower level of the H1ATR (1,10334). In the event that north of this level the price movement moves to Long. In the meantime, I'll wait. The target price is 1.14103
I keep the long position at BTCUSD. Yesterday's technical STOP LOSS correction was 100% accurate. The price movement turned north again from the level I assumed. With my current strategy, I will follow that. The Target Price has not changed. Today, the D1ATR range is slightly narrower, reducing the proportion of Spike areas (red rectangle). I do not move the STOP...
BTCUSD update (STOP LOSS correction). Price movement in recent days has been rather low. As a result, the bitcoin D1ATR range expanded by a few tens of points. Since I'm already profitable, I need to make a technical correction. This means that I have to adjust my STOP LOSS to the increased D1ATR to the detriment of my profits. This is not an increase in losses...
We reached EURUSD (next target price). We manually closed the position. This weekend I will be analyzing this multi-day EURUSD trade.
EURUSDUSD frissítés (STOP LOSS mozgatás)
GBPUSD frissítés (STOP LOSS mozgatás)
GBPUSD update (STOP LOSS Movement) The current STOP LOSS move is to protect your first target price (550 pips).
EURUSD update (STOP LOSS Movement) The current STOP LOSS move is to protect the first target price (310 pips).
GBPUSD Update (Target price reached). Two solutions are possible.1. Manually close the trade and pocket 500pip profit 2. As shown in the figure, we will continue to wait for our long position. I switched the analysis back to H4 timeframe. Thus, the white square is the ATR range of the H4 timeframe. The red square is the "spike area". The next target price is 1.26497
EURUSD Update (target price reached). We currently have two options. 1. close the trade manually and put a profit of around 300 pips in your pocket. 2. Let's try to run our long position further. The chart is switched back to H4 timeframe. The figure shows the white square. This indicates the H4ATR range. The red narrow squares are the "spike areas". In the event...