TODAY' S TRADE
I actually missed the signal candle but knowing I could still snatch some 20 pips I proceeded to take a trade with the newly included 64period Bb and the order was accepted but to my surprise it was in SILVER which I had not dreamt of trading for the next 3 months at least so I pulled up the XAGUSD chart to see if I had to kill the trade if my buy order was against the run of play or ride it out if it was with the trend, pleasant suprice the instrument was in an uptrend so I decided to wait it out for the experience.
My stop loss was placed at 17 points and I chose the nearest BRN as my target and hung in, not wanting to commit too much capital in the market I had to stay out of the EURJPY trade.
It was a roller coaster ride.
I actually missed the signal candle but knowing I could still snatch some 20 pips I proceeded to take a trade with the newly included 64period Bb and the order was accepted but to my surprise it was in SILVER which I had not dreamt of trading for the next 3 months at least so I pulled up the XAGUSD chart to see if I had to kill the trade if my buy order was against the run of play or ride it out if it was with the trend, pleasant suprice the instrument was in an uptrend so I decided to wait it out for the experience.
My stop loss was placed at 17 points and I chose the nearest BRN as my target and hung in, not wanting to commit too much capital in the market I had to stay out of the EURJPY trade.
It was a roller coaster ride.
Let it turn and find your entry.