DislikedAgain, i have to agree with the man, shiko. I think the latin guardian is right. just my imho.
I will add this much: if you are really interested in retracements, 38...Ignored
Yes, I noticed this already. Retracement might be really deep which does not mean that trade won't work in long term. I guess once I secured some pips and moved stop to BE I must give any trade chance to turn into something big.
I cannot believe now that I closed my long EU on 1.2800 break out for only 40 pips and where is the price only after 4 weeks. Price never came back to my entry. Now it is 1200-1300 pips higher.
I could at least close half of it. I will never make such blunders again. Once I close half position and move stop to BE, I will leave it this way and give it a chance to turn into something big.