This was a nice one - although not a Daily TF trade, it was of the 4 hr variety. Noon local time bar which closed at 4PM was a no-brainer.
Nice size BEOB, formed at a solid Resistance area (a Head and Shoulders - if you go in for that kind of thing) and the size of the bar was sweet. Don't let anyone fool you - size matters.
So now, the trade is up 3R - AND we have busted the 1.6000 cleanly. I had the luxury of being able to move my stops behind the bars as it got to and through that major PPZ.
It would not surprise me if we consolidate a little in this area, or that small PB on the PPZ may signal a resumption of a runner ...
Lock in your pips or get right out - the problem is yours.
All I can hear in my head is:
...
Nice size BEOB, formed at a solid Resistance area (a Head and Shoulders - if you go in for that kind of thing) and the size of the bar was sweet. Don't let anyone fool you - size matters.
So now, the trade is up 3R - AND we have busted the 1.6000 cleanly. I had the luxury of being able to move my stops behind the bars as it got to and through that major PPZ.
It would not surprise me if we consolidate a little in this area, or that small PB on the PPZ may signal a resumption of a runner ...
Lock in your pips or get right out - the problem is yours.
All I can hear in my head is:
Should I stay or should I go now.... If I stay there will be trouble, if I go there will be double...
...
I'm pretty much done with all this ...