Perfect, Thank you.
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myfxhub tamersaid81
@tamersaid81, no problem, did you trade this set up ?
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@myfxhub, Yes I took target 2 (1.3075) and closed before the news. Thanks
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myfxhub tamersaid81
@tamersaid81, That's brilliant a lovely trade, better to be cautious around news. If you would like to receive set ups on a daily basis then you could join our team for £1 and start your trial.
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I am quite new to FX but this is exactly what I saw also and I am currently in this trade, I was not sure where to place my take profit, I am thinking your target, are you confident in this take profit area? I might use it.
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myfxhub SamBNYC_FX
@SamBNYC_FX, hey there , a very nice spot from yourself congratulations. We actually have three take profits on this trade tp1 was hit yesterday and tp2 and tp3 are if the trade continues to play out , do you split your trade size into multiple positions so you can scale out of trades taking profit and managing risk as the trade runs ?
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@myfxhub, I should probably start incorporating taking different tps, I know how to with my broker, what levels is tp2 and 3 at on this trade?
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myfxhub SamBNYC_FX
@SamBNYC_FX, if you need any help please let us know :) take profit 2 = 1.3075 take profit 3 = 1.3011
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can we enter now
does it contuniuing shorting ?
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myfxhub Hadramitrader
@Hadramitrader, hey there , you could look to enter with stop loss above the right shoulder , try and get your entry as close to the neck line as possible :)
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