wait for the retest to enter (buy or sell limit) -Take profit at the end of the arrow -allow 35-50 pips Stop loss - use appropriate lot size 0.01 lot size for every $100
wait for the retest to enter (buy or sell limit) -Take profit at the end of the arrow -allow 35-50 pips Stop loss - use appropriate lot size 0.01 lot size for every $100
wait for the retest to enter (buy or sell limit) -Take profit at the end of the arrow -allow 35-50 pips Stop loss - use appropriate lot size 0.01 lot size for every $100
I took this trade because the indicators seemed to line up at the time and the market had space to move into the buy before hitting the next resistance point, but it was a fake out. an it turn an hit my SL for $19.40 at a .10 lot size
I liked this setup because the the indicators lined up and the market retest support.
this trade looked good because the market was in a up trend comin off of support and my indicators looked good
I got into this trade because the market is a a good resistance level and my other indicators lines up
I got in to this trade because all of my indicators line up on the 2 hour time frame an the trend reverse an a support level
WAITING TO GET A RETEST ON THE RESISTANCE TO GET IN FOR A SELL.