Dislikedhey moneda,
Looks like a nice setup, except that you need to adjust your stop loss accordingly because i was also looking at these two trades as well and was wondering where should i put the stop loss.
In the 50 fibo maybe? For the gbp, it would be like 30pips more for the stop loss. Euro is like 40 pips. So the point now here is if the trade is worth that much?
Just my 2 cents.Ignored
Thanks for your tip. I am waiting for the continuation of the swing. Feb's 20/20 rule or 20/40 is what I used for my stoploss/takeprofit strategy along with a pip by pip trailstop as soon as the trade goes positive.
Unus pro omnibus, omnes pro uno