RogerTC
Special Consultant to the FPA
- Messages
- 352
Folks,
If you remember previously we discussed a scalp trade on NZD/CAD and we also mentioned the stronger resistance higher up. Now the trade is in play. I treat that with the trading method 'Lean Against Big Level'
Basically we sell a strong confluence on weekly timeframe and place /pinpoint hard stop by dropping lower timeframes. Then we look to to take profit 2 timeframes lower.
Weekly,
Daily,
And 4hr;
Regards,
If you remember previously we discussed a scalp trade on NZD/CAD and we also mentioned the stronger resistance higher up. Now the trade is in play. I treat that with the trading method 'Lean Against Big Level'
Basically we sell a strong confluence on weekly timeframe and place /pinpoint hard stop by dropping lower timeframes. Then we look to to take profit 2 timeframes lower.
Weekly,
Daily,
And 4hr;
Regards,