Disliked{quote} What would your TP be Zoltan? Yours would be TMA centre line? Or maybe ATR based? I set it there fairly arbitrarily but generally close it based on price action. RayIgnored
what i know that in the past 3-4 weeks, i have never seen/heard from George to go for 60 pips move to cover his position.
so thought to ask.
he often use gaps, or MA from M15 or H1 chart for initial exit target. but usually in the vicinity of the price.
so, i dont meant my question as good or bad on the TP.
merely as an inquire into why did you choose that place.
PS.to answer, i scalp, so, prefer to be out quickly. but if anything i think i would be latest out at the last peak of M15....( around 144.20?). then again, catching with 0.5 lot 60 pip on one scooping, is not a bad thing.
there is always, always another trade!!