Have had vegas tunnel on my mind since reading the most of the posts.
If you would please check the following for me to see If I got a tunnel here, intraday, looks like it.
Im looking at 5 min / 12hr chart
gbp/chf
144,169,12 ema
Around 5pm est, 12 ema crosses up thru welldefined tunnel, price action follows up.
long at 2.3209
s/l at 2.3179
limit at 2.3329 hit at 11:35pm est
No fibo #s used for entry/exit, just want to clarlify the method.
Gradually rise in price over course of few hrs, tunnel perfect, 12 ema rising with price, I think this is short vegas setup, looks like. I know meant for swing trade I just wanted to see if I got the info understund.
My s/l and limit numbers I just pulled random, more concerned with chart.
stop loss set at 30 pips
limit set at 129 pips
net profit = $970.80 / 6 1/2 hr trade. $149.35 dollars an hr, just wanted to see the breakdown.
If I knew how to post charts I would, new to forum, havent figured that part yet. Please verify my trade above and let me know your thoughts.
Is this intraday tunnel?
Tks all
Mike
If you would please check the following for me to see If I got a tunnel here, intraday, looks like it.
Im looking at 5 min / 12hr chart
gbp/chf
144,169,12 ema
Around 5pm est, 12 ema crosses up thru welldefined tunnel, price action follows up.
long at 2.3209
s/l at 2.3179
limit at 2.3329 hit at 11:35pm est
No fibo #s used for entry/exit, just want to clarlify the method.
Gradually rise in price over course of few hrs, tunnel perfect, 12 ema rising with price, I think this is short vegas setup, looks like. I know meant for swing trade I just wanted to see if I got the info understund.
My s/l and limit numbers I just pulled random, more concerned with chart.
stop loss set at 30 pips
limit set at 129 pips
net profit = $970.80 / 6 1/2 hr trade. $149.35 dollars an hr, just wanted to see the breakdown.
If I knew how to post charts I would, new to forum, havent figured that part yet. Please verify my trade above and let me know your thoughts.
Is this intraday tunnel?
Tks all
Mike