I just throw my net out with my first of seven lots to buy at .9865 area with a 40 pip take profit of .9905. My Stoch indicator is over bought on my 1 hour time frame as well as the 4 hour and daily time frames. This makes this a high odds play, I just need price to whip down into my limit buy area and take off again higher. I’ll let the play run all night with the hopes that price will retest the lows picking up one of my lots. Here is my chart for my possible long play in USDCAD…
Subscribe
Subscribe to get updates!
-
By TraderHank
TraderHank’s Methods
Recent Comments
- LearningTrader on Day Trading Zones 360 Mastery
- LearningTrader on Day Trading Zones 360 Mastery
- TraderHank on Day Trading Zones 360 Mastery
- LearningTrader on Day Trading Zones 360 Mastery
- Zeek on About TraderHank
TraderHank’s History
Blogroll
- Alpha Wave trader Price action and Fibonacci trading
- Day Trading Zones Options trading using time decay and directionals
- Dough.com Learn to trade options Options Trading Platform made easy
- Interactive Brokers Preferred Broker
- Las Vegas Day Traders Meetup Monthly Meetup for the Las Vegas Valley area
- Oanda Recommended Forex Broker
- Pristine Trading Trading Education
- ProAct Traders Forex Trading methodology with proprietary charting software
- Revolutionary Trading Ron Wagner’s site, former Pristine vice president…
- Tasty Trade Network Learn Options Trading Free!
- Tasty Works Brokerage Lowest Options Commissions
- Tom Willard – Pristine Trained Trader Has a great course on Technical Analysis here
- Top Step Trader Prove that you can trade and get funded
- TraderHank's YouTube Channel Trading Videos
- Trading on Target Trader Psychology
- Trading Schools.org Trading School Reviews
TraderHank’s most used Tags
- 5 minute buy
- 5 minute Sell
- 15 minute buy
- 15 minute sell
- AAPL
- ALL
- AUDUSD
- Breakout
- consolidation
- COST
- EBAY
- ES
- failed pattern
- FB
- FSLR
- Gap play
- GILD
- HD
- Hourly sell
- JPM
- MET
- MS
- MSFT
- Options
- PEP
- Price Action
- PSS
- Pull Back
- QQQ
- SBUX
- short
- Short play
- Sideways
- SPY
- STI
- T
- TEVA
- TGT
- Tier II
- Tier III
- Trade Management
- UAL
- update
- uptrend
- WMT
StockTwits Updates
