DislikedDan,
I could have easily been wrong and you could have used a 1.2140 stop and walked away with only a small amount of profit.
Everyone trades differently. Personally I don't pay any attention to targets. I will have points in mind where I think a trade should stall or turn around and if the PA shows me this - on the same timeframe as the one in which I entered the trade - then I will look to exit.
Otherwise, I will use breaks of these target points (particularly with PA) to ADD to my position. This is how you really make money in the market.
Euro/Usd was a recent example. I was looking at the Eur/Usd thread a lot when I was in this trade and it always struck me that whenever the majority of people in there were looking to close longs or go short, I was doubling up.
I made a lot of money on that trade.Ignored
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Never say never.
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Never say never.
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Never say never.
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