Mohammad's Live Trades

Buy Stop activated SO the Buy limit has been canceled. Looking for the target to be reached soon.

Update:

1) S/L moved to 1.2768 (latest 4H candle low)
2) S/L moved to 1.2929 (latest 1H candle low): A nice 15M bullish TL has shaped. S/L is lower than the TL
3) Out & protected! 0.2% equity growth.

1. We are still seeing "the higher low" pattern continuing.
2. The bulls & bears fight has made a daily "Internal Bar".
3. price action have closed over a newly established minor bearish daily TL.
4. We still have a previous weekly pin bar fighting to test the highs.

As a result:

Bought @ 1.2871 (Close of previous daily candle) S/L 1.2649 T/P 1.3250 Risk Management: 1~2% equity risk.

Moved S/L lower than the 12 GMT 4H candle @ 1.268

NOTE: A very weak I.B has shaped right on top of the 4H bullish TL. The next candle will show the result of this trade!

Update: Price action has created a triangle pattern that price soon will break it BUT due to side way moves + our trade is a counter one + it is pure hope if we think it will break the upside => T/P moved to B/E

1. The price action is sticking too much to the bullish daily TL. It is a sign it will break soon.
2. We are seeing a change: "lower lows, lower highs" at daily time frame.
3. If TL is broken, Next stop will be 1.258 where we will have a broken bearish daily TL working as slow down for trend continuation.

Sell Stop @ 1.2671 S/L 1.282 (previous daily high) T/P 1.258 Risk Management 3~5% equity risk

Regards,

1. The Buy Trade: S/L was triggered for a loss of 191 pips / -1.5% equity loss.
2. The Sell Trade: S/L moved to B/E (near the latest 4H high candle) to protect equity.