Tag: winner

GBPCHF Sold at Supply

This looks like a good setup, the supply zone is fresh, first retrace after one month and nice and fast arrival. A fast arrival means usually a fast departure, statistically viewed. I placed a limit sell order at 1.4900 with a stop at 1.4935. Lets see how it develops. (more…)

Buying AUDUSD at H4 Demand, but in Higher Timeframe Downtrend

Found this trend on H4 AUDUSD chart and looked to find an entry. The little demand zone was a sweet spot to continue the trend. I placed my limit order (i only use limit orders) at 0.7140 with a stop loss 30 pips below. The screenshot was taken right after triggering my order. (more…)