Disliked{quote} {quote} Just moved my last long from Friday at BE as price is at a very crucial level for my system of strategies; level explained in my previous post. This level we are at here can bring much more volatility if it resists at all, and I will therefore abstain from trading anything except scalps both ways, till either .39 or .3750 are reached. If this level is rejected, I will have to plan to react accordingly to the potential reversal to around 3750. Only if it is broken along with 3950 in this same momentum will I continue as planned :...Ignored
Hello again all, nice to read you, hang out, and share again.
SO, the time has come for me fellow traders.
See my deeper explanations in previous posts, if interested...
As I said days ago, this was as deep a daily pullback price will get in such a trend; if it was a pullback at all, and have been compounding longs accordingly. It was a pullback, as we know now; if you have a similar definition to mine.
This DAILY pullback has already shown its first colors and they are beautiful.
On a personal note: moving some of my longs Sls at 3934 3838 and 3800 and for a small amount of my longs, so 70 + 102 + 106 pips
Will be trailing these up to 3877, if reaches 4080
Planning a clean break of .408 in this same momentum .
Staying on the sidelines for now. Managing my positions, as the situation unravels further.
Any strong enough rejection of that potential resistance (WEEKLY), and I will start taking intraday ShORT and LONGs opportunities equally.
Cheers !!
P.S there is a lot more to it, but all in my previous posts.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
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