Re-entry GBP/USD Long @ 1.5804, SL: 1.5780, TP: 1.5840
And another possible BORC set-up if hits 1.5840 and starts moving down...
And another possible BORC set-up if hits 1.5840 and starts moving down...
Twitter @raitchev
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DislikedRe-entry GBP/USD Long @ 1.5804, SL: 1.5780, TP: 1.5840
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And another possible BORC set-up if hits 1.5840 and starts moving down...Ignored
DislikedOkay:
GBP/USD - Long @1.5819, SL : 1.5801. TP: 1.5848 (small trade but theres another resistance line closely)
AUD/USD - Long @ 1.0716, SL:1.0693, TP: 1.0750.. for now... but since this is a major support line i believe we can hunt more
USd/JPY - Long @ 81.25, SL: 81.07, TP:81.50... probably will move SL to BE as soon as possible because i just dont have good feeling about this trade.Ignored
Disliked@ Raitchev,
I think you are drawing the lines correctly and picking good entry points for TL and Borc setups. However, I think the reason why you are getting stopped out is that your SL placement is too close to the price that you are getting stopped out. When trading the hourly or higher timeframes your SL needs to be wider than 25 pips (as it seems you have been doing). 25 pips may work on 15m or 5m timeframe but I really believe that you will get taken out many time un-ncessarily in H1 TF, if you use this tight SL. You should consider...Ignored
DislikedI've been thinking about that PP... my major concern is, though, that my R:R will not be good if i put bigger SL. I think i prefer to do a reentry (as it happend today), rather to make more room for the trade, but to risk more than the possible reward. I could aim at the same TP as the first trade, but open the position at better quote, which basically will make up for the first stop hit.
As it happened today:
I first opened long g/u @ 1.5819 and my, SL got hit.
Later i opened another long but @ 1.5804, which gave me 15 more pips, with pretty much...Ignored
Dislikedhi guys this set-up is on EURUSD 4h this could be a promising trade if break out of the channel but need to to wait for pull back. Let us all look at it Attachment
patient - greedy = successIgnored
Dislikedhi guys this set-up is on EURUSD 4h this could be a promising trade if break out of the channel but need to to wait for pull back. Let us all look at it Attachment
patient - greedy = successIgnored
Dislikednice work on the AU breakout to the downside there tiwa. I am long now AU at the 10600 figure. Thought this maybe a good support area for AU looking back where it was supported before. Lets see if she holdsIgnored
DislikedPP can you please share with us your thoughts about the AU? Because what I see is this, and i dont see any reason for long positions atleast until we hit that support line...
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