(Based on the 4H Curve Analysis)
SLO2 @ 1.1066 π
TP1 @ 1.0905 π°
SLO1 @ 1.0845 β³
SSO @ 1.0825 β³
TP2 @ 1.0795
TP3 @ 1.0715
TP4 @ 1.0560
TP5 @ 1.0485
SUPPORT @ 1.0705
ADDITIONAL INFO:
π€ Since our SLO2 @ 1.1066 our Net Equity is @ +230 pips
Minor Support Level around 1.0795 may cause a PB before continuing the short
π If PA on this 4H Curve within the 4H Curve holds the DT, then our SSO should work in our favor down to support
β³PENDING ORDERS
π
DT = DOWNTREND
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
PB = PULLBACK
SL = STOP LOSS
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
TP = TAKE PROFIT
This is an Intermediate Time Frame trade (4 hours to 6 day):
β Offers a clearer picture of the underlying trend compared to short-term frames.
β Provides more opportunities for confirmation signals and technical analysis.
β Allows for more flexible trading schedules, trades can be held overnight.
β Suitable for swing traders and some positional traders.
SLO2 @ 1.1066 π
TP1 @ 1.0905 π°
SLO1 @ 1.0845 β³
SSO @ 1.0825 β³
TP2 @ 1.0795
TP3 @ 1.0715
TP4 @ 1.0560
TP5 @ 1.0485
SUPPORT @ 1.0705
ADDITIONAL INFO:
π€ Since our SLO2 @ 1.1066 our Net Equity is @ +230 pips
Minor Support Level around 1.0795 may cause a PB before continuing the short
π If PA on this 4H Curve within the 4H Curve holds the DT, then our SSO should work in our favor down to support
β³PENDING ORDERS
π
DT = DOWNTREND
ITF = INTERMEDIATE TIME FRAME
PA = PRICE ACTION
PB = PULLBACK
SL = STOP LOSS
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
TP = TAKE PROFIT
This is an Intermediate Time Frame trade (4 hours to 6 day):
β Offers a clearer picture of the underlying trend compared to short-term frames.
β Provides more opportunities for confirmation signals and technical analysis.
β Allows for more flexible trading schedules, trades can be held overnight.
β Suitable for swing traders and some positional traders.
Professor C. E. Ward
