Levels are set Price had swift breaks of yesterday's levels, but shows, it must react to them.
Observe again the function of pivot levels. Use in conjunction with good money management plan
New Market, New SR Levels. Lets see how price reacts to them.
Following last week's sharp whipsaw that ended in a downtrend due to the tariff announcement, the expectation is for the downward trend to continue. That said, price action may ultimately tell a different story.
We'll stick with the same calculations as last week and before. Price should follow the same logic as any mathematical principle—calculable, predictable, and consistent. The key variables are the broader market factors and the strength of the trend. With that in mind, swing zones and levels are marked on the chart, and price will ultimately decide between...
Your next trade could be the beginning of your success in Forex. We’ve been performing exceptionally well so far, identifying key swing levels as always. - Stop Loss (SL): Set between 10-15 pips from the 5-minute candle entry. - Dynamic Take Profit (DTP): Adjusted based on price reaction to swing levels. Let’s capitalize on the momentum!
A new trading week begins. The swing zone and projected paths are set. Trades will be guided by price action.
Last week marked the first losing week of the year. With a strong upward trend, a price pullback is expected. By using tight stop losses and effective trade management, we keep losses small while aiming for larger gains. To achieve this, the stop loss is moved to break even once the price gains 20 pips. a or b? Only price can tell
Week by week pinched pips keeps increasing. As highlighted last week, Weekly zone and levels are mapped based on previous week daily high-low relationship (ie Monday HL in relation to Tuesday in relation to Wednesday HL, etc). Using the 5min candle for entry keeps the SL small btw 10-15 pips and TP ideally to the next level. Some swing levels are only marked after...
Last week saw a few pinched pips and also few losses. This highlights the benefit of having a good risk to reward ratio. Weekly zone and levels are mapped based on previous week daily high-low relationship (ie Monday HL in relation to Tuesday in relation to Wednesday HL, etc). This generates a fairly accurate levels with actual price action determining trades. SL,...
Hey Traders, in this week's trading session we are monitoring GBPUSD for a selling opportunity as marked on chart. which is it going to be a or b? Price action determines.
Week 7 SZL (Swing zone/level) calculated and updated on chart As always price action determines trades
Great trading last week. Week 6 levels are set in. Note: Sl - Stoploss dtp - dynamic takeprofit, means trade is closed if price bounces from level or left running if price breaks past level.
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...