Tried this just now at the 1.46000 touch and made 10 pips.
- First Touch” trades are where price hits either a “round number” level or an MA that has held as S/R strongly before and you trade IMMEDIATELY in the opposite direction moving to BE as quickly as possible to maximize the trade. Often these trades are good for quite a bit of pips, but just as often they are only good for about 12 to 20 pips, so watch them closely for the exit.