Well 92.00 was NOT exactly a nice pleasant area of support and resistance. I am not taking a chance on that level, as the trade was within spread of actually hitting the correct halving point, I moved it closer then halved it and let if for free trade.
Mantra 1: no turning winners into losers. And that S/R is very significant. Not taking the risk for what essentially is a few pips. I can rest easier now that in the free trade.
PS. Its pulled back something chronic, as anticipated. Forming DOJI on the 1hour, again not a very good candle for continuation. However my position is of a free trade therefore there is no need to close it.
Chris
Mantra 1: no turning winners into losers. And that S/R is very significant. Not taking the risk for what essentially is a few pips. I can rest easier now that in the free trade.
PS. Its pulled back something chronic, as anticipated. Forming DOJI on the 1hour, again not a very good candle for continuation. However my position is of a free trade therefore there is no need to close it.
Chris
Survive and Preserve