DislikedThanks
It might still get back to upper triangle resistance and you have a chance to close the orderIgnored
Intresting finding or simply statistic: 5min candel 14 replies
EUR/USD 5min 4 replies
5min Bollinger breakout system 42 replies
Trendline, Trendline and Trendline 4 replies
EUR/USD 5min - Trendlines and Pivots 379 replies
DislikedThanks
It might still get back to upper triangle resistance and you have a chance to close the orderIgnored
DislikedHi guys,
I was wandering if my entry was valid, since it closed at SL.Ignored
DislikedEUR/USD
5 min chart
25sma
10sma
optional: rsi 9.
10sma below 25sma. Only look for shorts.
10sma above 25sma. Only look for longs.
Short example:
smas have given you a direction. we wait for a pullback. Then wait for a mini trendline break. candle must close beyond the break. Entry would be 1pip from candle that broke trendline.
trade mangement is up to you. What i do is enter 2 lots. I use a fixed 20pip stop loss. my first lot i close at +20 pips. Then i move 2nd lot to break even and trail it for as much as i can. RSI 9 is good on the 5min...Ignored
Dislikediak, my advice would be not to trade between 12 and 13:30 CET = low liquidity time. Would have saved you two losers the last two days ...Ignored