Possible 70 pip trade setup

23 เม.ย. 2020

So this setup seems a bit "safe". Till the end of the month there will be a move either down or up. As indicated in this chart there is a n area for a short trade with possibly around 70 pip drop.
And a long area where I wouldn't trust for 70 pip but a 50 or 40 pip should work.
The stop loss for short 10 pips above the blue dotted line, and the long stop loss 10 pips under the red dotted line.

Proof of market change I use 3 closed candles in 15 minute chart.


I have no degrees nor experience. I publish my ideas only so I can judge my analysis later.

You are responsible of your trades. Read this as is and only for educational purposes.

Waiting the markets to move. Hope I'm not sleeping when it happens.

24 เม.ย. 2020

การซื้อขายยังคงดำเนินอยู่

Stop loss at 1.0774
Close at 1.0694

Opened at 1.0751
W/L ratio 2.5/1

Notes;
I was a bit late... could have better price
The change happend too early. I was expecting later within the next week.
The 70 pip might be too much
Weekend fees might beat profit.

24 เม.ย. 2020

ปิดการเทรด ด้วยตนเอง

Closed at 1.0741
10 pips profit

Notes:
Too much volume and these 2 candles show me too much buying power
A positive trade is a positive trade.