Disliked{quote} Hey wp, The essence of this trading is SD + PA, notice that the trades were taken from PA happening at the zones that were defined (discretionary). as long as there're meaningful PA happening around the zone that were pre-defined, we will pull the trigger. In the 2 examples above, price engulfed the zone, retested it, and rejected from it. What does this tell you? Of course nothing wrong with waiting for price to retest the upper TL, but then, trading is all about probability. So, do what works for you, and keep refining it. Today's trade...Ignored
The FF drive me crazy... Just input all the words and wants to attach one pic then suddenly go back to the home page and nothing happen... Have to key in again.
Totally agree with you that all is the possibility. IMHO, GBP/AUD is in the trading range and what you have trade seems like in the middle or slightly above middle of the trading range center. Maybe good to wait for it heading to its high like attached green zone. I plan to short NZD/USD slightly above 0.79000.