Last trade of the month was on EJ long. Same setup:
Zoomed out you can see price bouncing up from Monthly Ms2 level(dashed green line)
Went up smooth. Buyers and sellers agree on future value of price. These setups combine lower and higher timeframe interpretations in such a way that the entry is like a scalp done on the m5 however the trades have the potential to often turn into 3x ADR or more swings as if you were swing trading or even position trading like long term investors. Scalping and long term investing are 1(opposites become 1...yin yang). I will carry this trade into the next month. It may be very profitable longer term as well. Thank you Paul Milgrom for your advancements in common value auction theory
Zoomed out you can see price bouncing up from Monthly Ms2 level(dashed green line)
Went up smooth. Buyers and sellers agree on future value of price. These setups combine lower and higher timeframe interpretations in such a way that the entry is like a scalp done on the m5 however the trades have the potential to often turn into 3x ADR or more swings as if you were swing trading or even position trading like long term investors. Scalping and long term investing are 1(opposites become 1...yin yang). I will carry this trade into the next month. It may be very profitable longer term as well. Thank you Paul Milgrom for your advancements in common value auction theory
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