Good morning traders
Thanks for the comments Jim and Mike - muchly appreciated
I just bought the USD - CHF on demo
I had been waiting for this trade for a while and now it could take off (or equally die )
Entry (at the market) 0.9034
SL Just below PPZ at 0.8916 (similar to Donkey's)
It may reverse to the 0.8928 PPZ which following a 120 pip breakout is totally normal but Ill wait to see how traders in London see it.
The fact we didnt get a reaction from the VBRN 0.90000 is suspicious so maybe the 9050 or 91 will cause problems.
Another trade I am looking at is the GBP-USD - Retrace PA off 1.55 could be interesting esp. on the 4HR.
Have a good one
Anthony
Thanks for the comments Jim and Mike - muchly appreciated
I just bought the USD - CHF on demo
I had been waiting for this trade for a while and now it could take off (or equally die )
Entry (at the market) 0.9034
SL Just below PPZ at 0.8916 (similar to Donkey's)
It may reverse to the 0.8928 PPZ which following a 120 pip breakout is totally normal but Ill wait to see how traders in London see it.
The fact we didnt get a reaction from the VBRN 0.90000 is suspicious so maybe the 9050 or 91 will cause problems.
Another trade I am looking at is the GBP-USD - Retrace PA off 1.55 could be interesting esp. on the 4HR.
Have a good one
Anthony