So .03 here we come !! Kidding. As I earlier said I am first a ranging trader today... And it's way too soon, and bulls just made their first, and beautifully discrete higher low... It's been going 4Hbear 4Hbull 4Hbear 4Hbull and the simple minded non-trader might say that next will be bear. But I would be "blown away" if that 4H closes below last Friday's main 4H low(0490s), as that end of day miracle sure could cause some even greater chaos, or perhaps even bring us another "last Wednesday" dance moves strong enough to get us to the .03s moon Wait, then why are you thinking of that Mtako? just in case of another asia surprise
On another note. Sometimes, for some of my strats, it is worth not using a static TP at first, and waiting for the candle to close and stay in if it closes below a potential level. My
setup was a ranging 15min strategy that starts out with a fixed TP, and becomes a trailing TP(TP gets smaller) with time.
Very kind bear, up to now
Cheers all, see you next time ! Off to some more spring cleaning
P.S Cancelled of course... Go 5min pullback !
On another note. Sometimes, for some of my strats, it is worth not using a static TP at first, and waiting for the candle to close and stay in if it closes below a potential level. My
Very kind bear, up to now
Cheers all, see you next time ! Off to some more spring cleaning
P.S
DislikedLet's try one 1min pull back in case bears wont let the ranging continue! Sell stop 05109 Sl 5.Ignored
If I don't mention SL and/or TP = longer-term setup possibly in the works!
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