Hi Phillip and group,
Here is a trade I took this morning. looking for critique. I think I followed the rules correctly.
I entered based on price action and rules. Price had moved down to 89 and showed resistance. I also had a strong trend line right at the 89. This showed me there should be a bounce.
Entered at 1.6576 This allowed for a fairly short stop
Stop 16566
I set 50% to take profit +15 pips since i was not able to watch live.
Set 2nd 50% with a 15 pip trailing stop.
1st edit. 1st position hit 15 pip target.
2nd 50% now up 24 pips and stop loss moved to +5.
Thanks for the critique.
Here is a trade I took this morning. looking for critique. I think I followed the rules correctly.
I entered based on price action and rules. Price had moved down to 89 and showed resistance. I also had a strong trend line right at the 89. This showed me there should be a bounce.
Entered at 1.6576 This allowed for a fairly short stop
Stop 16566
I set 50% to take profit +15 pips since i was not able to watch live.
Set 2nd 50% with a 15 pip trailing stop.
1st edit. 1st position hit 15 pip target.
2nd 50% now up 24 pips and stop loss moved to +5.
Thanks for the critique.