NZDUSD is providing me with two possible set ups today which could happen, its like a playground!
First one is a pre-empt of IDF where targets will be yesterday's highs and also an area where liquidity could be probed.
The other is a simple level to level play, where i will be offering at the 50% retracement and last low pre break. Targets is the nearest FTA.
Both have decent risk to rewards, i haven't confirmed the IDF stops yet though.
First one is a pre-empt of IDF where targets will be yesterday's highs and also an area where liquidity could be probed.
The other is a simple level to level play, where i will be offering at the 50% retracement and last low pre break. Targets is the nearest FTA.
Both have decent risk to rewards, i haven't confirmed the IDF stops yet though.
تم فتح الصفقة:
Trade triggered, i understand that there isnt enough space, howevel i like the thrust candle past the previous highs and happy to take a long at the retest.
I also quite like the context of this too. It couldn't break down at the low end the range so has a high chance that it will trade to the other side of the range.
I also quite like the context of this too. It couldn't break down at the low end the range so has a high chance that it will trade to the other side of the range.
تعليق:
Stops are at 0.72251 as this is the clearest thrust candle, and if price comes down there then i know i was wrong on the trade
أغلقت الصفقة: تم الوصول لوقف الخسارة