I set my TP 2790
right below major h1 confluence area
IF goes up for any reason, that is where I consider as maximum extension in price.
If goes down, I will virtually stop anything below the 2680.
however, my protective Sl is bit lower. Already cashed 1 position so my SL is very small % if hit.
I don't move it @BE because 2695 is "exposed" and there could be a temp move there even if price will then go 10k pips higher
Hopefully, price will give me the time to react
right below major h1 confluence area
IF goes up for any reason, that is where I consider as maximum extension in price.
If goes down, I will virtually stop anything below the 2680.
however, my protective Sl is bit lower. Already cashed 1 position so my SL is very small % if hit.
I don't move it @BE because 2695 is "exposed" and there could be a temp move there even if price will then go 10k pips higher
Hopefully, price will give me the time to react
90% of traders use TA, indicators and prediction
\
Thus, cut losses swiftly, let profits run slowly. It's the golden rule of successful trading especially high impact FOMC. Disclaimer : Not trading signal I just copy Zebi, who is not sure where he's hididng now.
I'm not the influencer...
