Upwards channel, Buy limit order under support line @ 7595. Risk: 50 pips, TP: Open, SL: 7545
Adjust the position size accordingly. 0.03 per £1,000.00 in an account is my rule of thumb.
Adjust the position size accordingly. 0.03 per £1,000.00 in an account is my rule of thumb.
Comment:
Unfortunately, the order was missed by 4.7 pips today, then went up 27 pips. Will keep an eye on it and adjust orders as it moves through the channel.