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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
 

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