DislikedHi Jigsaw
So these are bullsih outside bars you're playing? How do you enter the trade? On the break of the outside bar, with stop below? Also, there seems to be a couple of bullish outside bars you didn't take. Do you take them relative to support/resistance levels only?
Also, are you shooting for a 2% return with 0.5% risk? Wondering why the 0.5% loss on the second chart?
ThanksIgnored
I would play them on the break if I could but it's pointless because you will defintely get slipped then, and anyway I don't think my broker allows me to put orders in that close, I just enter on the close. I don't put the stop below I usually have a fixed stop.
Like it's a stop of 10 for the EURUSD, stop of 15 for the GBPUSD.
Which ones did I not take ? If you point them out I can give you better reasoning, I use S/R, I also look at the correlation between stuff a lot, I use LFX charts and I just view the market as a whole.
Yep thats it 2% return on .5% risk. Yeah that was a loss on the second chart I got stopped out before it reaches 1:4.
Regards,
Jig
EDIT - It's just basically what Jankone does, literally the exact same, and I use outside bars as well as pinbars, thats it really.
2ND EDIT - Chart of the EU surf so far today. we are currently stuck in this relatively tight range, a test of yesterdays high would be nice heh