Hope y'all had a good weekend with your profits.
This week we go into a slight variation of our winning strategy and ask the question:
what if Retracement is not fixed at the Fib levels but dynamic?
And so whilst keeping the zone and primary values of 279/721, we mark 2 levels and the predicted price reaction around them.
As Always price action determines trades
This week we go into a slight variation of our winning strategy and ask the question:
what if Retracement is not fixed at the Fib levels but dynamic?
And so whilst keeping the zone and primary values of 279/721, we mark 2 levels and the predicted price reaction around them.
As Always price action determines trades
交易進行
Alright. trading around zone generated 2 trades: Sell entry @601 for a loss of 10pips and buy entry @655 closed at +40pips.Path 'a' should play out from here, waiting on price to confirm by bouncing off 875 level
交易結束：目標達成
Price broke past 875 clean for next bounce at 779Entry @806
sl be
Price currently pinching +20pips
註釋
Entry 806 closed +50pipsSell entry @315 for the last leg of path 'a'
Sl -10pips
註釋
Price pinching +60pipsSL @+20pips
註釋
Entry 315 closed SZ for +60pips4 trades: -10/+40/+50/+60 = +140 pinched pips.
Early close to the week for the 3rd time running.
Have a good week and a restful weekend
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