It's very rare to have such a trade on Forex trading as not so many pairs would be at its all time high/low.
There is crazy inflation going on in Turkish New Lira, and when it comes to an inside bar after new high trade,
"Only want to take the long" is always my answer
Worth trying if it's still able to break to the upside today, while as a daily chart trade,
this pair would also have crazy interest cost and crazy spread, so maybe an intraday momentum trade is the better idea.
Let's see how it goes!
There is crazy inflation going on in Turkish New Lira, and when it comes to an inside bar after new high trade,
"Only want to take the long" is always my answer
Worth trying if it's still able to break to the upside today, while as a daily chart trade,
this pair would also have crazy interest cost and crazy spread, so maybe an intraday momentum trade is the better idea.
Let's see how it goes!
Note
tried some on the daily shooter breakout! Let's see how it goes!Note
Got the 1st kick on the shooter breakout yo!!!!
Note
Even the shooter itself got more than 1:3 risk-reward!
I didn't put my out according to the shooter but the intraday low 5.26 yesterday when I traded the breakout, that makes the trade a 1:5 trade!
How can you not fall in love with inside bars yo!
Note
Things start to get a little bit WILD
I'll take some profit here as there are basically NO PIVOT to trail.
(One of the best problem in trading though)
Put the rest positions of my out at 5.3700 and see what happens yo!
Note
Man, that's just INSANE lol.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.