so currently the the first po on oz got stopped out. The second has been tripped and has made up that loss and is right now up 45 pips. I also had a po on e/u trip and it is up 20, a po on gbp was missed so far.
The level FX has posted is the the best near term level having the best movement away from the base , I just wasn't sure it would re trace that much this soon after such a big upward move.
But that PO will stay active until tested
The lesson learned form this would be that with those multiple near touches on that first OZ level with a gradual lower insertion into that level. To cancel that PO would mean The trade would be up a net 45 now instead of 17,
Cheers ken
The level FX has posted is the the best near term level having the best movement away from the base , I just wasn't sure it would re trace that much this soon after such a big upward move.
But that PO will stay active until tested
The lesson learned form this would be that with those multiple near touches on that first OZ level with a gradual lower insertion into that level. To cancel that PO would mean The trade would be up a net 45 now instead of 17,
Cheers ken
Good Trading To All ; Ken Lee