However, retracements always came after candles this big and retracement will come. Nothing less than 200 pips from the bottom, 38.2% Fibo at least. Between 38.2% and 50% would be perhaps wise to TP.
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Disliked{quote} GU Ranging past since Friday. Trapping both seller and buyer. Maybe it want to range until XMas.......{image}Ignored
Disliked{quote} I see his point of view.. However, retracements always came after candles this big and retracement will come. Nothing less than 200 pips from the bottom, 38.2% Fibo at least. Between 38.2% and 50% would be perhaps wise to TP.Ignored
Disliked{quote} Maybe Pat, however looking through 2022 and news impacts, Core PCE Price Index M/M definitely packs a punch! Around 90 pips on average on news release if I remember correctly. We'll see..Ignored
Disliked{quote} GU Ranging past since Friday. Trapping both seller and buyer. Maybe it want to range until XMas.......{image}Ignored
Disliked{quote} I was also planning on catching a retracement but UJ retracements are built different. Last time i implemented that strategy mf just kept goin down. This time im planning on sellin UJ retracementIgnored
Disliked{quote} That's why I enter with smaller lot size so I can endure even 100 pips without too much of a worry. Eventually retracement will come and I'll even be 100 pips in profit if not even more. We're talking about USD here..Ignored
Disliked{quote} If you dont mind me asking, are you aiming for 1.2140 or lower? Kind regards, C.Ignored
Disliked{quote} If you dont mind me asking, are you aiming for 1.2140 or lower? Kind regards, C.Ignored
Disliked{quote} move the stop loss to break even and leave the trade running, no risk more.Ignored
Disliked{quote} move the stop loss to break even and leave the trade running, no risk more.Ignored