Find an entry on 5M chart with stopploss 10 pips above 1.2965's high.
This is not a trade call. Dont risk more than 1% of your account.
This is not a trade call. Dont risk more than 1% of your account.
Trade active:
filled with 1.2955 and sl@1.2980
Comment:
i hope some new traders can learn here. this is a good example how things work. i got stopped out in the first gbpusd trade and lost 1% of my account. so what. with the next idea (this one you are looking at here) i risked another 1% of my account and at the time writing i am in a 1:3 profit already. i dont even need a 50% winning trades, that does not matter too much.