you can put on be , if it come back it will try to break 77
So you got stopped out and reentered at that level with twice the size? What kind of a strategy is that? The take my money strategy?
Thanks Mohan, will do....
the damn thing stopped exactly to the pip at my SL 1.0280.... reason why i think 1.03 isnt broken yet..
If i was looking at my chart 15 minutes ago, i would've realized whats going on and put the SL lower.... Too bad i was in the Tube since theres a Typhoon in Hong Kong and everyone got off work early
entered long again at 1.0278. this tiime i think should hold as 1.0272-73 is 50% fib level.
bgguen thats why my last stop was 1.0288 not 1.0280 because i knew if it go below that then it will test 50% fib and i could not put stop loss to 1.0271 or under then because it would have messsed up my RR ratio then
sorry bout that...
My bad niranj, so if 50% fib is at 1.0272 best logical SL at round number should've been 1.0270....
Spoken from the SL master.
I'd say even 1.0250 is not safe tonight. Good luck.
