Hello guys,
That picture of my AUDUSD trade from yesterday. I took short at 1hr SZ which is a conter trend, aggressive one. Confirmation on 1hr , nested in WK sz / tested many times/ . both daily and 4hr trend was up when order triggered. Main reason to enter is the compression tho the left . Sequence D 4H 1H. Many CP's and over-extension on all charts. These candles can be easily consumed . Trade already paid out 3:1 and i am at BE. I want to try to ride it a little longer to DBR DZ on daily , where i plan to exit my trade. Over- extension is a good sign for these scenario , but still aggressive and for me it worth trying it.
That picture of my AUDUSD trade from yesterday. I took short at 1hr SZ which is a conter trend, aggressive one. Confirmation on 1hr , nested in WK sz / tested many times/ . both daily and 4hr trend was up when order triggered. Main reason to enter is the compression tho the left . Sequence D 4H 1H. Many CP's and over-extension on all charts. These candles can be easily consumed . Trade already paid out 3:1 and i am at BE. I want to try to ride it a little longer to DBR DZ on daily , where i plan to exit my trade. Over- extension is a good sign for these scenario , but still aggressive and for me it worth trying it.
You attract what you think in any area of life, relationships and trading!