AUD/CAD 1/26/2021 16:05 DAYTRADE Fundamental/Sentimental Cot: Hedge funds have such little correlation that it is pointless to even use this data. News and Events: CPI Technical Time Frame Analysis: Monthly: previous candles indicate accelarative increase in buyers Shooting star candle, wick needs to be filled Weekly: Daily: 4H: Trend, upwards, has not retested support Simply, instead of looking at every individual time frame, I instead just decided to order based on a level and a trend with the help of indication of buying and selling power. Indicators: RSI Supports all Entry Order: 0.03, 5000USD Position: Limit Sell at 0.98410 RR: 3.52
This is a day trade, not a swing trade. Testing different things right now as much as possible. Entering on the 1 hour rather than the 4