TRADING FORK EXTREMES – 3 month Setups.

[Summerset]

Originally Posted by Summerset

Filled.
Add another 1% by limit entry @ 3606

3606 Filled.
Add 1% at market <3585-90>
Holding 3% expouse longs averaging 3605.
Take Profit by limit order at 3680 for 1/3 of position size.
Amend current stops on all lots to 3530.
Final TP same 3840

Profitable Trading

[Summerset]

Originally Posted by Summerset

3606 Filled.
Add 1% at market <3585-90>
Holding 3% expouse longs averaging 3605.
Take Profit by limit order at 3680 for 1/3 of position size.
Amend current stops on all lots to 3530.
Final TP same 3840

Profitable Trading

There is a clear reversal bull candle on daily now, so we will extend our 1st TP to 3740. Final TP @ 3840. Raise SL --> Average entry 3605.

Profitable Trading

[Summerset]

Buy Market <6770> to 1.5% exposure.
Add by limit order to another 1.5% exposure at 6755.

Eurosterling has been consolidating in a flag pattern that is supporting on the broken top of a symmetrical triangle. (see chart below). The pair has also been moving upwards in a serries of bull flag formations.

The current formation's target is 6850.
We will target 6845 for half of the position size.

Profitable Trading

[Summerset]

Originally Posted by Summerset

There is a clear reversal bull candle on daily now, so we will extend our 1st TP to 3740. Final TP @ 3840. Raise SL --> Average entry 3605.
Profitable Trading

Stop hit at Entry.

Buy a break for 1.5% Exposure at 3700 Target 3840, SL 3625
Buy a Limit for 1.5% Exposure at 3630 Target 3840, SL 3550

There is a double hammer formation in a bullish daily triangle - see Chart attached. Target can reach 3880.

There is a bullish signal on daily. We will signal when there is one on 4hr. We expect one, that's why we intend to buy a break of 3700

Profitable Trading

[Summerset]

Limit long for 2.5% Exposure at 115.55. Stop at 115.05. TP/1 at 117.7, TP/2 at 119.30- This is a positive premuim trade.

Profitable Trading

[Summerset]

Originally Posted by Summerset

Buy a break for 1.5% Exposure at 3700 Target 3840, SL 3625
Buy a Limit for 1.5% Exposure at 3630 Target 3840, SL 3550

Profitable Trading

3700 filled on break
Add 1.5% at 3675 istead of 3630. Stop at 3600. Target 3840 too

[spi222]

http://www.meta-fx.com

[Summerset]

Originally Posted by Summerset

Buy Market <6770> to 1.5% exposure.
Add by limit order to another 1.5% exposure at 6755.

The current formation's target is 6850.
We will target 6845 for half of the position size.

Profitable Trading

Both entries are filled to a combined 3% position Averaging 6763.
Stops at 6715. 1st partial target same.
Profitable Trading