DislikedGreat done Kostas !
I would like to understand a bit more what you thought by entering that trade:
at the moment of your entry the MAs were a bit flat, what did convince you to see that scooped up as "good" ?
Could it be perhaps the strong previous M15 PA, in the way it reacted to the negative news ?
Thank you
CiaoIgnored
The strong M15 action, the H1 bouncing from Daily 10, Pivot S1, RN, H1 62/50 and closing above all these made feel comfortable getting in. I was also expecting the H4 to close as a pinbar since it touched the Daily 10 and when it did, I was feeling good to let the trade go more than my daily target. Actually, I have a feeling it may try 1.45 which is why 10% of the trade is still on.
EDIT: Closed the rest for +80p. Had to leave the desk, not sure if it can break previous resistance (it probably will...)