DislikedThis bears just don't wanna give up. They're so bent on running my stop.Ignored
hourly average range is 25 pips approx, and we have bee trading anywhere from 23-45 pips per hour so your stop is to close.
dont bet the farm on today, we can still go south but seems like the market has found some footing 27 pips below open is hardly bearish at this point seems more like a tight range loss of selling pressure, correction type of movement.
i would advise a small position with a wide stop, dont go chasing price now.....
best thing to do would be to open a long either really close to 1.2983 or below it, you dont want to get a high price. there is always tomorrow, protect your funds first
if you miss the up, that is ok try to catch the down, seems less risky.
so you dont trade for a couple of days..... you are still better off than trading and losing
AVT INVENIAM VIAM AVT FACIAM