Currently waiting for a trend change confirmation on lower TF, but so far have been successful and would expect the incoming news to send it higher to the next support, or potentially rally up over the next weeks to highs from a few months ago.
Will update this idea as it plays out with what I do and if I enter
Will update this idea as it plays out with what I do and if I enter
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Currently on 5 min tf it still could go down to support level 1.25525 before we see rejection or change of trend.
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PLEASE NOTE THE TIMEFRAME ON HERE IS WEEKLY TO SHOW BETTER VIEW. IUSED DAILY TO FIND S & P LEVELS ETC.
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DISCLAIMER! SOME OF THE TRADES WERE MADE USING REPLAYS AND DEMO ACCOUNTS. SOME TRADES IN PAST WERE PURELY BACKTESTING AND SEEING IF MY STRATEGY WORKS. THIS IS MY OPINION AND MAY NOT BE ACCEPTED BY ALL