Ramble... Ramble...
Looks Bullish to me. Better have a closer look at this one.
Yeah. Could be a 100p move coming here and it has decent support 30p below.
Buy 1 .
SL = Previous Support.
TP/TS = Once the trade has aquired 50% of my Projected Move, I will risk 20% of the Maximum Profit of the Trade.
eg.
Up 50p = Risk 10p for 40p Prft.
Up 80p = Risk 16p for 64p Prft.
Up 100p = Risk 20p for 80p Prft.
Up 135p = Risk 27p for 108p Prft.
Up 200p = Risk 40p for 160p Prft.
Notice that, although my Pip Risk is Increasing;
I am still In The Trade Beyond My Original Expectations.
The Trade now has room to breath.
I may have caught a Durable Trend.
Looks Bullish to me. Better have a closer look at this one.
Yeah. Could be a 100p move coming here and it has decent support 30p below.
Buy 1 .
SL = Previous Support.
TP/TS = Once the trade has aquired 50% of my Projected Move, I will risk 20% of the Maximum Profit of the Trade.
eg.
Up 50p = Risk 10p for 40p Prft.
Up 80p = Risk 16p for 64p Prft.
Up 100p = Risk 20p for 80p Prft.
Up 135p = Risk 27p for 108p Prft.
Up 200p = Risk 40p for 160p Prft.
Notice that, although my Pip Risk is Increasing;
I am still In The Trade Beyond My Original Expectations.
The Trade now has room to breath.
I may have caught a Durable Trend.