Hey Colostarr, have a look at the attachment. If this was the close of the candle would you see it as a setup to place a trigger for a sell stop or is the approach a bit flat?
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DislikedWhat do you think of USDCHF? It is breaking out of range and shall probably close above balance line.
JPIgnored
DislikedHi Phiksalamuk
I personally would not take this unless it breaks the resistance line it is teetering on. It is bouncing around 83964. If it breaks this I would consider taking it. But thats just me. Remember the old rules never buy or sell against S/R levels.
Happy trading all
TitchIgnored
DislikedPending buy stop placed. Although I don't like it to so close to 0.84 round number... USDJPY has as well crossed, but I don't like current range bound move.Ignored
DislikedConcur with both observations. Although I was just triggered into the USDJPY shortIgnored
DislikedHi Phiksalamuk
If it breaks the resistance I will take it as well but I reckon it might bounce. I hope it goes your way.
Happy trading allIgnored
DislikedHi colostarr
I have taken over 130 pips this morning just using your strategy. Great mornings trading so far! (See my posr No 284) Some great moves
Happy trading all
TitchIgnored
DislikedHi Phiksalamuk
If it breaks the resistance I will take it as well but I reckon it might bounce. I hope it goes your way.
Happy trading allIgnored
DislikedI didn't like it so I closed it at +5 pips - it just didn't "feel right"Ignored