LionHeart: Focus and Simplicity - Page 3
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Thread: LionHeart: Focus and Simplicity

  1. #21


    EU also gave a brief entry...I dont envision that it will move too far but its interesting to be aware to the flat line on the screen that price is seemingly respecting as both support and resistance....Have to keep an eye on this price level and prices response around there...

  2. #22
    The two au and eu could have stops transferred to lock 1:1. . .relatively Tiny stops on both of these positions

  3. #23
    EU place ended up falling enough with monitoring stop to get pumped out at 1:3 with two extra add-on rankings.
    First add moved sufficient for 1:2 and secondly for 1:1.
    So that price level mentioned in earlier article on this particular pair ended up following all as a substantial resistance as price came back and tested it twice but just dropped.


    AU place ended up falling sufficient to also lock in a good profit of 1:3.




  4. #24
    NZD USD is at the base of the demand zone.
    This still has to be watched to find out what type of reaction happens.
    There has been a massive volume bearish bar that did not accomplish breaking the low of the zone and this followed immediately by what seems to be a bar that may close as bullish indiing that there may have been some buying happening in that prior bar and demand trying to kick in.


  5. #25

  6. #26
    *Random Note

    It's been my observation by reading the association between price and volume that there's something such as attempt vs accomplishment that happens often times.

    During those times there are various scenarios that may occur

    -Price may shut beyond a support or resistance level (includes trendlines and flat lines) but does so on low volume indiing minimal interest in price going to far beyond that level at that moment.

    -Price may close with a surge of extremely large volume relative to the volume pubs previous however can achieve or accomplish absolutely nothing around a significant support or resistance level also suggesting minimal interest in price going too far beyond this level at that moment.

    -Price will shut beyond a level of support or resistance with a surprising surge of volume suggesting that there is very good interest in price trading beyond the price level.

    These notes could be a bit off base but only an observation that could be worth taking note of.

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