SHORT AUDNZD LOOKING FOR A RIDE WITH THE TREND Short

Australian Dollar/New Zealand DollarFXCM

Beschreibung

⋅ 3. Aug. 2016 22:19

The pair its currently in a down trend so the plan here is once in the sell zone we wait for a level 2 or micro divergence signal

if we get high enough stops at cl if not stops at the last high, if you get stop out you can try again if CL its not violated

if we pass CL before a signal, the trade its invalidated

Trade ist aktiv

⋅ 4. Aug. 2016 13:09

ok wen in sell zone and in my opinion, we had a micro d signal

Kommentar

⋅ 5. Aug. 2016 15:19

i fyou got stop out we are deep in the sell zone, i think winter might be comin lol so lets see if we can get another chance to get in

panoptictrade

Kommentare

fatkumo

⋅ 5. Aug. 2016 17:29

6/8 was your obstacle on the top part of sell zone?

ytadli

⋅ 5. Aug. 2016 15:29

what was you stop loss ? according to ichimoku, the stop loss is CL ? correct me if i am wrong.
thank you

araguaney

⋅ 5. Aug. 2016 15:32

are un in the trade??? ok this is my answer, the ultimate stop loss is CL yes is great!!!! if you can afford it, but sometimes your risk reward does not make sense cause CL its to far so you can use last high of the candle you got in,or something like that but yes CL is the best stop loss, but sometimes its too far

araguaney

⋅ 5. Aug. 2016 15:33

also since when i enter we were so low in the sell zone i should have waited for a stronger signal like level 4, but since i love the microdivergence signal i use it lol

ytadli

⋅ 5. Aug. 2016 15:37

i agree with you, i am still in early stages of ichimoku trading style. i wanted to confirm how ichimoku would have done it. no i am not in the trade, didn't like that candle (micro divergence). still trying to understand which level apply to witch situation some times its Level one, sometimes its 4...
thanks for you feedback. it the trade still valid if we get a level 4 signal ?

araguaney

⋅ 5. Aug. 2016 15:40

yes!!!! still overall bearish, if you understand buy/sell zones
then its like this you have like 3 zones from shallow TS to KS to deep from SSB to Cl ( not always but usually) so the shallow the zone the higer the level to enter a trade so when i enter it should have been at leat a level 3, from where it is now and were it could be than you can take either level 1 or 2

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