Prezentuje swoją analizę i zagranie które przyniosło mi łącznie 909 pipsów zysku przy 68 pipsowym początkowym poziomie S/L.
I want to presenting my analysis and trade, which gave me 909 pips of profit witch 68 pips of S/L start level. At the beginning I want to add that I am a technical analyst. I invest on the 1W and 1D charts using a technique Price Action and several Patterns (which I learned in the training with Dr. A.Elder). I like also earn from plus swap points. I will invite you to my fresh analysis “Trade with swap” (link) 🙂
EURZAR
On this chart, I noticed that the price is in his value zone and we have clearly downward trend. Also I drew attention to the close was the last peak in a downward trend and a series of Pin Bar candles.
At that moment I had aware of how we have pattern of the 1D chart, so I included this interval, to be sure.
On the daily chart formed pattern which I use for open a position (in this case short position). There was not closed candle but all the conditions were met. We had a false breakout with divergence (red rectangle shows the strength of the bulls in the earlier period. Blue circle shows the strength of the bear which trie to change the balance of power. Green rectangle shows the weakness of the bulls and the price set new highs and rapidly retreated below the previous maximum). I decided to open the first position with very good Risk Reward.
After confirming the validity of the decision I opened another short position. After a series of candles with long upper wick price fell below the average then I decided to secure the first position (you can be seen in the graph increased. S/L first position is secured, S/L of second position is at the initial level of the first position S/L). This item does not reach the level of T / P since was appeared a Pin Bar candle near the support and I decided to close positions. The decision was right. To sum up the profit from the first position is 526 pips, from the second position is 383 pips. This is a satisfactory result for me ;).
Analysis after closing position.
When I was analyzing a currency pair later you will notice that we had a similar signal to buy (better seen in the graph H4). I did not trade it because I invested at intervals 1W and 1D (we would have conflicting signals). On the interval 1W trend is downward, if such a situation occurred in the interval 1W, I certainly tried to use it to my advantage ;).
I wish you a profitable position.
