Daily CS setup trade on H1...

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1. Buy a break out from the red line but look for momentum please
2. Stop and reverse at the daily "CS" pivot (remember we are trading the daily but just looking for an entry here)
3. no target for now

Good luck

Kommentera:

Let's break yesterday's high to be sure

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We broke the line but no momentum
I did not enter
If you entered, please update your stop to today's low

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We are off

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News is coming up in half an hour
Remember that we are trading this on the daily as a CS setup

Kommentera:

1. Please don't have a lot of positions open during news. You will be lost
2. Don't rush. there are opportunities everyday
3. Don't marry your news positions. Get the money and run. After things settle, get back in

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I say trend power trumps fundamentals power for now...
Let's be careful and try to cut down on our positions

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Wow...
I hope everyone witnessing what just happened will decide never ever to trade against the trend
just amazing

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Stops to BE would be nice now

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Target the WPP
Please manage your trade well and don't give the market your money

Kommentera:

0.7254 is the WPP
from there you are on your own. You should have around 45 pips
Congrats

Once we get there, i will not update this chart any more