Looks like a nice 50 PIP move to the downside. Entry , stop , TP are marked on the chart.
I am using a proprietary trading method for this.
This is a test trade using said method.
Good Luck.
I am using a proprietary trading method for this.
This is a test trade using said method.
Good Luck.
Trade active:
Off to a good start.
Trade closed manually:
We wanted 50 PIPS, she gave us 43.
Im not mad at her.
On an hourly chart, you would refer to the 5M for reversal confirmations. We had some bullish action after the plunge so manually closing is always better than watching your profit dissipate.
Another option would be to set your SL in profit and wait it out but being within 7 PIPS of target, I dont see the value in holding it for another undisclosed amount of time.
Rinse and Repeat. Back later with another from the New Method.
Im not mad at her.
On an hourly chart, you would refer to the 5M for reversal confirmations. We had some bullish action after the plunge so manually closing is always better than watching your profit dissipate.
Another option would be to set your SL in profit and wait it out but being within 7 PIPS of target, I dont see the value in holding it for another undisclosed amount of time.
Rinse and Repeat. Back later with another from the New Method.
Cheers!