SLK STRATEGY
Ohh, it does not have to get there today. I will patiently wait for it. I trade more than one pair so i will definitely geta a pair that presents my setup.
Yea, EUR/USD crossing the 1.2000 mark is very rare. But like you said other pairs are there to trade.
A breakout to the downside. I marked it out on the chart, Pls go through the thread if you need more information.
You may be using the word "breakout" inappropriately here. My understanding of a breakout is that price must have been trading within a range, then it breaks past the range. In this case from your chart I saw that price rejected at a resistance zone and started falling so its confusing to say its a breakout.
You may be using the word "breakout" inappropriately here. My understanding of a breakout is that price must have been trading within a range, then it breaks past the range. In this case from your chart I saw that price rejected at a resistance zone and started falling so its confusing to say its a breakout.
I will drop my breakout explanation on this thread then
Price is approaching my buy zone. Pls do not execute buy at that zone, will be waiting for confirmation.
EURCAD BUY ACTIVATED
Stopped out of the trade.
Stopped out of the trade.
Please also show the chart indicating where you were stopped out so we will understand
Stopped out of the trade.
Yea, nothing works all the time. What defines a successful trader is how they take a loss without trying to revenge trade. Once you trust your strategy, you keep repeating it daily irrespective of the outcome.
Price is approaching my buy zone. Pls do not execute buy at that zone, will be waiting for confirmation.
Price is currently reacting at my buy marked zone. Waiting for confirmation on H4
EURUSD IS RIPE FOR BUYS. YESTERDAY DAILY REJECTED AND CLOSED AT A FRESH KEY LEVEL WHICH IS A GOOD BUY SIGNAL. WE WILL GET THE CONFIRMATION ON 4HRS.
HERE ON THE 4HRS TIMEFRAME, WE HAD A BREAKOUT TO THE UPSIDE WHICH CONFIRMED OUR DAILY BULLISH BIAS.
THE ASIAN SESSION LIQUIDITY HAS BEEN SWEPT BY THE CURRENT 4HR CANDLE. I AM WAITING FOR THAT CANDLE TO CLOSE.
Trade executed
ps you executed at what price and where is the SL?
ps you executed at what price and where is the SL?
Pls scroll up, I dropped the entry and all other details before execution.
8pips stoploss and entry is at 1.8345
EURUSD BUY SETUP.
This is the trade progress. I will keep updating you all .
