I took this trade today on a demo account.I believe it meets the criteria ,I just have a couple of questions
Has it re-traced enough after such a big move up?
Do you put any weight behind it being a Monday and things have not really got started yet? and
Is it just a bad idea going long on the EUR at the momment ?
Also as i look at the chart now i am torn between good money management eg moving stop up as it seems to be going against me and letting the trade run.
All comments welcome and thanks for a great thread 60.
PS momentum was there...Ignored
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