We believe that the 30% fib retracement can hold out, but if it doesnt, our risk is only 20 pips. Remember, that successful trading is making money over time and not having a beautiful 90%+ win ration.
The trade parameters meet our entry triggers, which is the support of the fib, being low and some form of support to be show in price action.
This trade ticks all of that.
Oh yes! And the 10m chart has a beautiful contraction of price action, a .
Heres a chart:
Are you stuck in a long position here?
Also, PS: send me a PM and I will invite you to my community for free. We are running a free trail for the rest of the month!
P.S. No I don't use SL, I know, I know if I can manage to save this account then lesson learned for the future.
Will send you a PM
Ok, I'll wait for your PM.