The GU hour candle before London open closed just above an R level, so I was looking for a big 5 sec bull candle. 2 minutes into London, an 8 pip bull candle formed, but there was no follow up, so I didn't take the trade at that time. However, because of the hour candle that closed above the resistance, I felt it was very probable that price would continue up, but if I went long it would require a wider stop and not have that amazing RRR Tony's system offers. So after price pulled back to the open, I reduced my lot size to half, entered long and set my stop at 30 pips and tp for 60, i.e. 1:2 RRR. I'm now out with 60 pips profit, but since it was half the lot size, I count it as 30 pips. Ozzy my mate, let's see if next week offers better setups for this system. Nice weekend Tony et al.
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