Dislikedhi Shauns
i missed 150EMA, which gives some additional weigth to this setup. As a matter of fact i was rather unsure of this setup and decided not ot take this position on daily. But later i spot small PB on 4H touching 365 and 150 EMA's, and decided to trade here, i opened short at 1.0512 and decided to be extremly carefull here and move SL to BE after touching purple line on my chart (it was very close, only 15pips from opening price). It was happened like that, price hit first trouble area and reversed closing my trade at BE, so i'm happy as...Ignored
Once the target was hit, you can see what the aftermath that would have been if the tight management was not applied. Well done, sir.
Others, I'm sure, would have been slaughtered.
The higher quality A trades are so much easier.
Jim
Indicators show the past. Price Action "Indicates" the future.