Bloody news...
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Tx, what distance do you usually set yours at?
i do it manually i follow the Tenkan-sen of the Ichimoku when waiting to take profit when it hits it it is time to take profit
I have gone short again, this time with a TP of 20 pips, which is at the purple line. I think i will stop placing trades smaller than 20 pips because i seem to lose a lot of those.
Gone short with a target at the blue line. I have a narrow stop of just 11 pips and a R/R = 1. Ominous this one, i quite often get small trades like this wrong.
folowing with very little space.
The market has been threatening to move all day, but it doesn't look like it wants to close below the pink line. We have big news out in 3.5 hours, so i must resist the temptation to dive in. There is the potential for a cheeky long, but i can't see it retracing more than 10 pips or so.
Oh damn, it retraced the whole way. I was right.
lucky, i had buy limit on your line haha..
oh nice, well done.
Boom headshot!! :)
great
Tx! :)
Several long upper shadows are telling us that the price has no appetite to move up right now. I just came within 0.6 pips of my TP.
Edit: it was 0.1 pips!!!
45 minutes and i think we will see some reaction to the spanish news. Simply because the market is too quiet.
The price is stalling ahead of the UK open so i am moving my SL to break even.I would like to see it move lower, but there is just no way to tell right now.
I put an arrow when i enter a trade or when i think that the price is going to go in a specific direction. Right now, i'm not sure where it is going; although, something will happen in the next hour or two. The thing with the lines is that they aren't definite turning points, they are just areas of resistance.
intresting. subscribed. (y)
Finally...
Back in, i'm still convinced that it is going down.