Tuesday, 28 November 2017

Thor's hammer and Odin's spear

“The opportunity to defeat the enemy will be provided by the enemy himself.” – Sun Tzu



Added at 17:00 UTC (London), 02.00 29/11/2017 (Sydney), 00.00 29/11/2017 (Tokyo), 16:00 (Frankfurt), 10:00 (New York).

  • Opening price: At about (+/-) 0.89500 (or anywhere above the stop loss.)
  • Stop loss (SL):  Just below 0.89140
  • Safe take profit limit (SPL):  0.90000 (for those who want to play safe.)
  • Medium take profit limit (MPL): 0.91000 (for those who want to take a little more risk)
  • Aggressive take profit limit (APL): 0.92500 (for those who are adventurous)
  • Based on time frame:  Daily price action. Bouncing up from a daily support.
  • Day’s trend: Uptrend. 
  • How long until profit: 4 hours to a few days
  • Last update: Unfortunately, the prices fell and the SL was hit on the same day. 
  • Note: Move the stop loss to just above the opening price once there is a sufficient gap. 

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