Disliked{quote} What is BRN...? Today's trade (2 trades) 1st) EURUSD 1H chart First I looked 4H chart TDI green is over red. And 1H chart is TDI cross, over 5EMA, PAB is blue. So I took long entry SL 15pips TP 25pips (consulted Look Left's trade) 2nd)AUDUSD 4H chart TDI dead cross, and Green line below yellow line (Sorry I took this position by using T.interceptor, So some different ) , PAB is red and under 5EMA So I took short entry SL30pips TP 50pips(Someone tell me good SL and TP on 4H chart) and I closed 30 pips because USD economic indicator was coming,...Ignored
Yoku yatta (I think that's right)
EURUSD Trade
BRN = Big round number where price is 1.1300 etc. If you look at the second to last blue APB you'll see that the price stopped and backed away. BRN can act as support and resistance. You could have let the trade run a bit longer (up to the BRN 1.1300) but a safe 25 pips is always good. For H1 trades I set a bigger SL but reduce it once the trade has started moving in my favor by about 15 pips.
AUSUSD Trade
30 pip SL might be a bit small on H4. I would suggest at least 50 then move it once it goes in your favor. Good idea to close a trade when there is news events especially in these times.
Keep it up
Never argue with a fool; onlookers may not be able to tell the difference.