I took the tail on once again on better then expected housing start stats. This time full position.
Allready 50% closed for 25pips. Remainder set at -25 so that overall takeout is BE
Entry was off smaller TF but also when the stats were released and it were better then expected and price came down to previouse candle close I took the odds on. I am still in the process of being in a trade if it breaks to the downside. That is the whole purpose of getting invloved within the triangle.
It however did not break through. So still some sweating to be done. At least I have half a position in with stoploss set at 1.5500.
Looks like it on its way up to 1.5500. Time will tell. Looks like better stats was not good enough
Edit.
Second attempt to position for a breakout stopped out for BE. Well I cannot say I did not try. I now rest my case. It is Friday late afternoon here and I am going to relax now. Dont be surprise if they do something later. It looks like they are watching us.
Have a super weekend
Allready 50% closed for 25pips. Remainder set at -25 so that overall takeout is BE
Entry was off smaller TF but also when the stats were released and it were better then expected and price came down to previouse candle close I took the odds on. I am still in the process of being in a trade if it breaks to the downside. That is the whole purpose of getting invloved within the triangle.
It however did not break through. So still some sweating to be done. At least I have half a position in with stoploss set at 1.5500.
Looks like it on its way up to 1.5500. Time will tell. Looks like better stats was not good enough
Edit.
Second attempt to position for a breakout stopped out for BE. Well I cannot say I did not try. I now rest my case. It is Friday late afternoon here and I am going to relax now. Dont be surprise if they do something later. It looks like they are watching us.
Have a super weekend