Knife Catch Long for 50 pips

29 cze 2018

Pullback to the daily ATR-ADX stop, other instances of retest of this stop circled. UWT DDWT DXY

29 cze 2018

Uwaga

Looking to place stop buy limit on previous 1HR candle high to get in a trade, I see max downside the 50% pitchfork line.

29 cze 2018

Uwaga

Also very close to backtesting this cyan ascending line.

29 cze 2018

Uwaga

Managed to come down to that blue trendline. Still waiting on a high break of a previous 1 hour candle. RSI on 4HR is oversold now (bottom indicator).

29 cze 2018

Uwaga

In my opinion this will be a larger long eventually as gauged by the attached post in the Related Ideas section. It's a big weekly level trade.

29 cze 2018

Uwaga

Here are CAD futures continuous, possible scenario I see. There is daily decay in currency futures (and all futures) compared to the spot price but same idea.

29 cze 2018

Uwaga

Zoomed in a little for clarity.

29 cze 2018

Zlecenie aktywne

Broke high of a previous 1HR candle @ 1.3150. In long.

29 cze 2018

Uwaga

CAM weekly (camarilla) S4 also helped here. Notice that the range this week for USDCAD is perfectly CAM Weekly R4 to S4.

2 lip 2018

Uwaga

Target @ 1.3200 still in play, moved stop to break even. Half way there.

2 lip 2018

Uwaga

Moved stop to 1.3170. 20 pips profit no matter what at this point.

2 lip 2018

Uwaga

2 pips to target... and a back off. Moved stop to 1.3175.

2 lip 2018

Uwaga

Stop updated to 1.3185.

2 lip 2018

Transakcja zamknięta: osiągnięto wyznaczony cel

2 lip 2018

Uwaga

1.32000, out.

2 lip 2018

Uwaga

I will be flipping back short again in about 2 minutes. Stay tuned.

2 lip 2018

Uwaga

Went short at Weekly CAM R3 and Day CAM R4. See this post: