MY NEXT GBPAUD TRADE IS A SELL
CAUTION - CHOPPY PA REQUIRES STRICT
TRADE CONFIRMATION RULES FOR ENTRY!
BE READY FOR PRICE TO CHOP AROUND THIS
WEEKLY PIVOT LEVEL A BIT. PRICE MAY BREAK TO THE UPSIDE AGAIN
BEFORE IT CLEARS THIS LEVEL - SO BE PATIENT.
MY PENDING ORDER IS JUST UNDER THAT PREVIOUS LOW
AND WITH THE INITIAL STOP OVER THE 2nd PREVIOUS HIGH TO BEGIN WITH.
WILL LOCK THE TRADE IN ASAP AS ALWAYS. SINCE I DONT LIKE TO HAVE WIDE STOPS ON CHOPPY PAIRS -
I RATHER LOCK THE TRADE IN AS EARLY AS POSSIBLE, IF I THEN GET STOPPED OUT I JUST RE-ENTER ON THE NEXT PULLBACK. SAME RULE APPLIES TO ADDING ON TO THE TRADE AS LONG AS PRICE STAYS UNDER THE WEEKLY PIVOT FOR THIS TRADE.
STAY AWESOME
CAUTION - CHOPPY PA REQUIRES STRICT
TRADE CONFIRMATION RULES FOR ENTRY!
BE READY FOR PRICE TO CHOP AROUND THIS
WEEKLY PIVOT LEVEL A BIT. PRICE MAY BREAK TO THE UPSIDE AGAIN
BEFORE IT CLEARS THIS LEVEL - SO BE PATIENT.
MY PENDING ORDER IS JUST UNDER THAT PREVIOUS LOW
AND WITH THE INITIAL STOP OVER THE 2nd PREVIOUS HIGH TO BEGIN WITH.
WILL LOCK THE TRADE IN ASAP AS ALWAYS. SINCE I DONT LIKE TO HAVE WIDE STOPS ON CHOPPY PAIRS -
I RATHER LOCK THE TRADE IN AS EARLY AS POSSIBLE, IF I THEN GET STOPPED OUT I JUST RE-ENTER ON THE NEXT PULLBACK. SAME RULE APPLIES TO ADDING ON TO THE TRADE AS LONG AS PRICE STAYS UNDER THE WEEKLY PIVOT FOR THIS TRADE.
STAY AWESOME
