Morning all been busy last week
eu short trendline break to r/n +15
eu short trendline break to r/n +15
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Dislikedeu short 61% retrace -6
2nd trade stop and reverse inside bar break double bottom +15Ignored
DislikedGood Morning!
OU bar long break. SL was about 30pips, I'm not sure how to handle it?
What do you think?
PeterIgnored
Dislikedyoure right on res level 61% retrace and my 60 sma risky I would say also large stopIgnored
DislikedI took that GU IB short for +40 but felt very uneasy about it. It should have had a 32 pip stop but I winged it with a 15 pipper. I see you guys regularly taking IB entries that I can't take because of the stops required. In fact I can hardly think of any IBs recently that required less than a 15 pip stop.
Are you using large stops or simply doing what I just did - using a stop within the signal bar that equals your max risk?
Cheers
DaveIgnored