Yesterdays EU +40. 15min 123 Entry. There is so little momentum in the market that I have had to start letting trades continue after my normal trading hours, so this one finally completed during the asian session. TP was the 200% exp of the 123 and S&R level. {image}
+ = Pips
{quote} A Pin Bar is only a Pin Bar when one of the following occurs and the bar does not form within an area of consolidation Pin bar + divergence at the tip of the reversal bar Pin bar + clear Support or Resistance Anything other than this is likely to be a Hammer, a Hammer often occurs within consolidation and is a signal that price will reverse back into the initial trend. An example of all three is attached. {image}
!..........EU +107. I had an open swing trade running long, thanks to more market hysteria I have made more pips than I expected. I think these days to be a trader you need to be in contact with an inmate of an asylum because only another lunatic can understand the mentality of the market.!!
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{quote} Hi Dee, I caught this move on GJ: +25, +80, +80. I split my risk into 3 chunks and take partial exits. Helps me calm my nerves a little! 15 pips shy of my target but candles were getting smaller and I had errands to run. Typically, within minutes of my exit, price went to my target. Quick question: I can see where you get your first S&R but with the second S&R - I can see a S&R around 103.75, a good 20 pips less. The region at 103.52 is not so clear. Was that 2nd target predetermined or partially guided by the candles and momentum on a LTF...
