OK Scarlet... some profit already if you are in... watch out though, price may stall at the ema's... ( or maybe not !! ) For me, my first profit target would be 1.4297... about the length of the body of the last long bullish bar on weekly...
. Look at the daily, there was 2 long bearish bar and it might be 3, I think.
OK, placed order for a break UP of the daily Inside Bar...
LONG @ 1.4450 target 100 pips STOP below IB at 1.4365
Rick 1/2 of 1% of account... reward slight more than 1/2 %
Getting boring... price just sits and sits... lets just get on with it... either I win or lose... but let's do it...
Same goes for GBP/USD... up and down and up and down... I may have entered this trade too early.... will lose 1 / 2 % of account if I lose this one... argh..........!!
Same boat with you but I also placed sell stop order cause I think price may be attracted by MAs and 50fib below before keeping on up trend
I read somewhere "the best way to win a trade is stop caring about it"
Same boat with you but I also placed sell stop order cause I think price may be attracted by MAs and 50fib below before keeping on up trend
Too early for that trade.... the divergence trade possibility still remains there for now... so maybe I can try again... my mistake on this was not waiting for stoch to come up out of oversold..., but I was trying to get in early... and paid the price...
