What's new

EURUSD buy idea- The Last Kiss Trade

skrimon

Active Member
The last-kiss trade is a nice way to trade high-probability breakout trades.
Here are the steps for the last-kiss trade:

  • Wait for the price to consolidate in a box between two zones.
  • The box should have at least two touches on both zones.
  • Wait for the price to break beyond one of the zones.
  • Once the price returns back to the consolidation box, wait for the market to print a last-kiss candlestick on the edge of the box.
  • For sell trades, a sell stop is placed below the low of the last-kiss candlestick, and for buy trades, a buy stop is placed above the high of the
  • last-kiss candlestick.
  • Emergency stop loss is placed in the midpoint of the consolidation box.
  • The profit target is the nearest zone.
 
This seems like a good setup. The tdi indicates the uptrend will continue plus the EURUSD and AUDUSD follows the SPX500 which is looking to break resistance and continue upwards
 
The last-kiss trade is a nice way to trade high-probability breakout trades.
Here are the steps for the last-kiss trade:

  • Wait for the price to consolidate in a box between two zones.
  • The box should have at least two touches on both zones.
  • Wait for the price to break beyond one of the zones.
  • Once the price returns back to the consolidation box, wait for the market to print a last-kiss candlestick on the edge of the box.
  • For sell trades, a sell stop is placed below the low of the last-kiss candlestick, and for buy trades, a buy stop is placed above the high of the
  • last-kiss candlestick.
  • Emergency stop loss is placed in the midpoint of the consolidation box.
  • The profit target is the nearest zone.
PERFECT
analysis

am new here super explained

thank you
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Members Online

No members online now.

Similar threads

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)

Top