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Re: v2v dynamic system

nathanvbasko, Mon Jun 17, 2024 11:55 am

nathanvbasko wrote: Sun Jun 16, 2024 7:36 pm If the market decides to swing like Muhammad Ali (think float like a butterfly, sting like a bee), my strategy is to sell high and buy low:
Sell: high 1.07250 (min) and 1.07330 (max)
Profit Target: between 1.06620 - 1.0660
Buy below 1.0660 (dip)
Profit Target: between 1.07250 - 1.07500, (or let the trade run up to 1.0800 handle)
It’s like the Float and Sting trading technique—hit it where it hurts, and make it pay! Otherwise, I just made bank ; )—
Within the next three hours, I will be closely monitoring price action at key resistance and support levels. If the price breaks below 1.06970, I will consider a sell entry with TP at 1.0660. If, however, the price breaks above 1.07070, I will look for a potential buy entry with a TP at 1.07390, or depending on market conditions, I may allow the trade to ride up to the 1.08000 handle.
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