Welcome back traders. Swing zone and levels are set in, with predicted path. As always price action determines trades
Dynamic Take profit, dtp allows trade to catch big moves. These are set based on price momentum. Last week provided a humble 40pips. Initial Swing Zone/Level are calculated at Zone: 21599-21549 Level set as shown. Either a or b could play out, as determined by Price action. As price breaks or bounces off these areas, new zones/levels will be recalculated. Happy...
Week 3 SZL are set as indicated. Price action determines either a or b playing out with adjustments and variations. Entry on 5mins TF with SL @ 10-15pips By pinching +225pips last week, the year is off to a good start
Happy new year pip hunters. Welcome back to Pinchpips Swing zone and level, SZL. We start off the new year with SZ has indicated around 933-990, and Levels as marked. Price action determines trades, so either of a or b could playout. Entry is based on the 5 min candlesticks pattern with SL @ 10-15 pips from entry. TP is as price action and momentum determines....
Its been 25 weeks of posting swing zones and levels including corresponding trades based on price action around these zones and levels. To this end we PINCHED 1270 PIPS @ an average of about 4-5 trades per week, with the following parameters: 1. Entry on the 5mins charts 2. Stoploss, SL @ 10-15 pips 3. Usually moving SL to Breakeven, BE once trade pinches...
Last trading week of the year. SZ is calculated and set. Price already bouncing upward from SZ. Entry @586 SL -10pips.
Week 51 SZs are set, including predicted price paths a or b. As Always price action determines trades
Week 49 was a blast. Week 50 SZ is calculated and excepted price path highlighted As always Price action determines trades.
Week 48 ended with 20pp, with price moving in fairly the predicted direction. Week 49 Sz is as highlighted 210-160, price is currently trending below having failed to bounce off. Will be looking @ calculated lower levels of 814 and 616, for bounce back up. As always Price action determines trades.
Absent in the last 2 weeks, as there were No SZ. As stated previously, SZs are calculated based on previous weeks high/Low and a secret ingredient. As seen on the chart, an expected price path is highlighted. As always price action determines trades.
Recovery in full with extra credit characterized Week 45. Trading with $200 gives about 10-15 trades using 10-15pips SL. SZ are calculated based on previous 2 weeks high/low with price action being the key determiner using multi-time frame candles. dtp: dynamic take profit SL: stoploss
Last 2 weeks has shown some improvements in calculated SZ. Will be looking to recover on losses from live trades. Week 45 SZs are set. Price action determines trades.
Smooth week 43 price action for 60pp Week 44 SZ are set. In between however, recalculated levels can be produced based on price action.
A nice flow to Week 42 price swings. SZ are calculated based on previous week last highest or lowest price depending on if its uptrend or down. Week 43 SZs are set. As always, Price action determines trades
Dear Traders, Week 41 brought some respite to first week of live trading, however still down by -95pips. As promised week 42 swing zones are in. However, live trading might be in and out due to work activities. Annotation: SZ - Swing Zone SL - Stoploss dtp - dynamic Take profit pp - pinched pips
First week trading live didn't go as planned. Why, i call it work, life and trading Balance. Managing all three, highlights the challenges of modern-day life whilst seeking alternate source of income. Ultimately, the goal is to home in on a good trading strategy to transition to fulltime trading. Week 41 zone is calculated as shown: 264-314. Price action determines trades
After 12 weeks of consistent trades; seems about time to trial live. Yep, Week 40 will be real money trades. Starting with a balance of $200 and SL of 10-15 pips, this should give about 13-20 trades before blowout (hopefully not). Some trades will missed, entries off; yea, most of us have a 9-5ish job and need sleep. Week 40 SZz are set. Price action...
SZ are calculated for week 39. Price action determines trades.