Trading method: RSADVANTAGE Stage 5, 95% accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends. This system is made of custom technical indicators that properly detect trends very early and provides exit signals at the possible dynamic S/R zones. Average yearly pips gained is 40k per pair.
USDHKD H4
Technical Outlook
To open long positions for USDHKD, it is required:
In this situation we are now waiting for a reversal to occur as we wait for Awesome Osci to go into positive territory alongside of our other system indicators to confirm trade entry confirmation for movement to the upside and but if the market trend continues to range this signal will become invalid. Market execution for entry, confirmation will be required for entry.
Risk Description: Once signal is confirmed 108 pips will be up for grab with small risk SL at swing low.
Profit expectations: 1-2 day trade length expected before hitting profit target I will post exit strategy when signal receives a exit signal.
Current Dynamic S/R Levels:
Swing high: 7.81534
Swing Low: 7.80566
USDHKD H4
Technical Outlook
To open long positions for USDHKD, it is required:
In this situation we are now waiting for a reversal to occur as we wait for Awesome Osci to go into positive territory alongside of our other system indicators to confirm trade entry confirmation for movement to the upside and but if the market trend continues to range this signal will become invalid. Market execution for entry, confirmation will be required for entry.
Risk Description: Once signal is confirmed 108 pips will be up for grab with small risk SL at swing low.
Profit expectations: 1-2 day trade length expected before hitting profit target I will post exit strategy when signal receives a exit signal.
Current Dynamic S/R Levels:
Swing high: 7.81534
Swing Low: 7.80566
Ordem cancelada:
Trend filter is now in negative territory. A correction to 7.8107 is still a possibility but the trade would be against the trend.
Comentário:
New shorting opportunity
Ordem cancelada:
Played out perfectly, its unfortunate that entry criteria and system was updated a couple days after EP. We will catch the next opportunity very soon I promise. Goodluck traders