hourly long BORC setups on eurchf and gbpchf. Again the breakouts were small, so I expect small TP and SL
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DislikedHi PurePrice,
I am still long on the EURUSD, due to a a couple of factors:
1. trend line break
2. Trend Line break is smack bang in the middle of the Daily average range for the pair.
3. The 4H timeframe is trending in the same direction at the moment.
My SL is very tight, 16pips and my TP is 50pips (+- 1.38544) I am using a trade manager as it's getting late and I am going to let this trade run it's course. TM will automatically adjust my SL as the trade (hopefully) moves in profit.
Could you critique this trade and let me know if I have...Ignored
DislikedHi PurePrice,
Ok, my bad. (It's super late here and my brain is starting to shutdown)
If I were to follow a BORC setup, should I have waited for the price to pullback to the trendline, then watched for the continuation? (say on a lower timeframe for an optimized entry)
Cheers
StaticXIgnored
DislikedHmmm, after looking closer at this pair, I see that it went down sharply, as mentioned earier, but now stalling at the channel, see "blue arrow" for setup. Watch this pairIgnored
Dislikeddid not have many setups to trade today.
Did anyone trade any of the recommendations last night?
There were a few successful ideas such as
eurgbp for about 30 pips
eurchf for about 30
gbpchf for 100 pips
and of course audusd short for about 60 pipsIgnored
Dislikedhourly long BORC setups on eurchf and gbpchf. Again the breakouts were small, so I expect small TP and SLIgnored
Dislikedsame short trade setup we had twice before on the upper boundary of a downtrend channel.Ignored
DislikedHmmm, after looking closer at this pair, I see that it went down sharply, as mentioned earier, but now stalling at the channel, see "blue arrow" for setup. Watch this pairIgnored