Okay last trade of the day for me.
NZDUSD short +10
Tomorrow or the day after I'm gonna find some time to make an explanatory post of my entries.
But for now I'm gonna upload this one.
Easy 10 pips..
So.. explaining a little bit.
- We are on a obvious downtrend
- Strength meter is showing which currencies are the weakest and the strongest.. which it helps to identify which currency still has some gas to keep going down the trend
- Break of WP and DP on NZDUSD(Strong levels)
- For ENTRY you can trigger after candle closed below those levels. In my case, when there is a huge candle, i like to see price retrace a bit.
- TP was above Key level 00 (0.71000) which i thought it would hold price, but it went thru in the end.
Next time i will make a better explanation with better images.
NZDUSD short +10
Tomorrow or the day after I'm gonna find some time to make an explanatory post of my entries.
But for now I'm gonna upload this one.
Easy 10 pips..
So.. explaining a little bit.
- We are on a obvious downtrend
- Strength meter is showing which currencies are the weakest and the strongest.. which it helps to identify which currency still has some gas to keep going down the trend
- Break of WP and DP on NZDUSD(Strong levels)
- For ENTRY you can trigger after candle closed below those levels. In my case, when there is a huge candle, i like to see price retrace a bit.
- TP was above Key level 00 (0.71000) which i thought it would hold price, but it went thru in the end.
Next time i will make a better explanation with better images.
Keep it simple All Time Return:
na