Hi all.
Been really busy with work/ill child etc so have not had alot of time to trade. Saying that I never actually seen a good setup at the times I could look....until last night.
So here it is......a USDCHF long with bounces off the 21EMA.
I had a 40 pip 2unit stop, which as it turns out was actually only 2.5% of capital risk, so I could have altered it slightly but not too worry.
I closed the 1st Unit for 95Pips and have set the rest at +50pips. I don't have a target as such, but will just trail the stop up as we go along and let the market take me out. Would have been nice it it was a good MACD TC but it was very close to being that anyway. I entered at 11:05 GMT on the close of the 4H candle.
Good Luck
Neil
Been really busy with work/ill child etc so have not had alot of time to trade. Saying that I never actually seen a good setup at the times I could look....until last night.
So here it is......a USDCHF long with bounces off the 21EMA.
I had a 40 pip 2unit stop, which as it turns out was actually only 2.5% of capital risk, so I could have altered it slightly but not too worry.
I closed the 1st Unit for 95Pips and have set the rest at +50pips. I don't have a target as such, but will just trail the stop up as we go along and let the market take me out. Would have been nice it it was a good MACD TC but it was very close to being that anyway. I entered at 11:05 GMT on the close of the 4H candle.
Good Luck
Neil