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Created On
11 May 2021 13:30:15 UTC
Transaction ID
Cost
Safe for Work
Free
Yes
CHFJPY 2021-05-11
Market condition update.
I am looking for the next movement to continue the trend.
Wait for the price action in a level of support in convination with the EMAS and a Fib level.
3 confirmations make the trade strong to buy.
I am looking for the next movement to continue the trend.
Wait for the price action in a level of support in convination with the EMAS and a Fib level.
3 confirmations make the trade strong to buy.
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image/png
Language
English
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For me is not in uptrend because it does not broke the last lower high.
The ranges are big opportunities to steal our money, the MM know that.
My advice never trade ranges only trends, the trend is your friend.
But at the same time we are doing holding, good for us.
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Market condition uptrend.
Super slow but the result is the same.
The key in this situation is wait, left TP and SL and do not put any psychology.
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I am waiting the next movement.
Patience is the key.
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Valid breaout of range.
breaking, retest and continuation.
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Market condition downtrend.
I enter this trade last friday, do not believe the people who say that on friday or sunday you cannot enter the trades because they do not know nothing.
First 60 pips TP 1, we can protect the other trade with BE and let it run, forget about the psychology.
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Marked condition downtrend.
After the brake of structure I only look for sales.
I am waiting the LH.
Do not get rush, patience is the key.
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