N
Nseobong N. Nkereuwem
@nsg_usd
Fulltime Professional Trader
110 Followers
2 Following
I've recovered the losses still with the same bullish trade Idea I had for the asset. I got stopped out because my lot size was heavy and there was no room to give my SL more breathing space without risking close to the daily limit on the prop firm.
So, I had to accept the loss and still follow it up. It printed a reversal pattern and flip the LTF resistance zone to support and I had another limit order set and it was triggered.
Entry: 28108
Exit: 28283
Yes I know it is bearish. But it doesn't nullify the fact that I can go long on the asset.
I had a buy limit set earlier and the prop firm didn't excecute it when price returned to my limit because of their spread.
Entry: 27978
SL: 27891
Valid setup.
I'm expecting EURUSD to drop down to 1.1160 price level, where I'll position to go long with my SL at 1.1140 below the support level.
I'm looking to scalp buys on Gold.
I was expecting it to form an equal second bottom at the 3880-price level, so I can join and exit at the resistance level (3970) where you're looking to sell from, but price just reversed from the demand zone.
+1
Price will get there once it breaks above the resistance level at 3974 price level and also invalidates the bearish descending channel.
Yeah. GBP is stronger than yen at the moment.
GBP in General has gained strength since last week, I'm just hoping the strength is sustained throughout this week as well.
Still holding my GBPJPY positions possibly till the week is over if need be. But if I see strong reversal signals today, I'll cover my positions.
+1
GBPJPY-Trade Setup
Type-Long
Entry: 212.15
SL: 211.50
I spotted a 15mins tweezer bottom at the break and retest of the flip zone at 212.09 and I executed.
I'll hold and see if there's need to swing or to take profit when the current 4hr closes.
+1
GBPJPY Trade Update
The buys I was expecting on GBPJPY last week finally occurred after the unnecessary drama it put up.
I'm following up on GBPJPY for buys again this week. I'm expecting it to fill up the bearish imbalance on 4hr.
+1
Alright.
Most of them are consolidating at the moment, but I'm looking at trading their low volatility within those ranges.
The Current 4hr just closed, and price is stalling at the zone.
I've closed out.
Entry price: 176.70
Exit Price: 176.924
I'm Joining the EURJPY Buys to that Level.
I added an Extra position increasing my Lot after spotting a breakout on a 15mins Flip zone from resistance to support, then I executed when price made a retest.
Entry: 176.71
SL: 176.34
Comment: It's going smoothly at the moment and I hope it takes out that high at 177.26 recovering the losses I incured on NAS 100 and SP500.
+1
I closed out and now price is reversing from my Exit price (7524) region.
This week, market is just out to try my patience.
I'm watching out too.
If it reacts at that level and creates a second bottom, I'll hop in on Buy scalps.
Entry: 3837
SL: 3860
TP: 3959
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