Reply To: Trades ending week 20/01/2023

Tim Tim

Trade 2:

Trade: Short AUDUSD
Trade type:4H range rotation + stop run Date:16.01.2023
Trade idea: Move down to take lower stops and complete range rotation against new longs
Y-axis PB: small positions (Neutral) 60%
X-axis PB: New longs just entered (positive)100%
Net DM: shorts decresing longs beginning to trend up(neutral – positive) 75%
Net T-in-prof: Longs in profit (positive) 100%
Lev Positions: Not clear (Neutral) 50%
1D chart: All MA below price (positive) 100%
Where in range: Very top of range and just took local high(positive)100%
Trade Score: 5.85/7 84% (high confidence trade)

Entry: 0.69507
SL:0.70360(above highest MT stop)
TP1:0.68900(at the biggest lower MT stop)
TP2: 0.6800 (at the range low) TP3: (To be determined or triggered by DM switch)



Trade Closed: 0.70360
Outcome: All the longs left the market and big new shorts came in


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