DislikedWell said. I would've taken a BE on this trade, ended up passing because I wasn't 100% in love with the size of the pin but it was a very tradeable setup.
Judith what was your exit strategy?
I have been running a 2:1 TP and a BE at about 1:1. I say about because if breaks 6-8 pips on a 10 pip bar I will usually move to BE at this point.Ignored
Since I always wait for the setup formation to be broken, I was only in 5-6 pips profit when it started going against me, I did set a Limit to break-even when I was in -2 pips (during third bar) but it never returned and took me out fast and clean.