Disliked{quote} Hey Jakucha this is a valid entry? u only focus at OJ and Blue S&R or grey too?? Thank you. {image}Ignored
I wouldnt have taken that trade for the following reasons:
- price is trapped in the middle of supply and demand
- this pair has not a big ATR so often offers small and slow profits out of news ranges
- australian CPI was due one hour later or so, market was waiting for the news
In any case, given the small ATR of this pair, your target was too far I believe and the 7-8 pips your trade offered were enough.
Keep this in mind: you want to take the trades where price is the closed possible to an S/D zone and far enough from the opposite one. Does it make sense?
Hidden in plain sight.