So if it hits your white bat are you putting a SL above the blue cypher entry point?
UnknownUnicorn180388
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@joedirt237, I have a separate entry and exit strategy so for me personally i will be looking at a couple of different levels.
If it fits your rules to place it above the Cypher setup then i would stick with that analysis.
joedirt237
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@tomhall, Thanks! Last questions, with article 50 presumably coming tomorrow, do you stick to your trading routines?
UnknownUnicorn180388
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@joedirt237, I certainly do yes, i personally don't trade fundamentals.
joedirt237
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So are you trading this if it reaches its D point? And at that point moving your target 2 SL to even on your buy on this pair?
johnjlw
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Yesterday i lost on Eur/cad cause i used read the chart wrong(not your fault), because the picture shows a fat green bar up, i took it as long(stupid me) then used that bar as TP 1.(ouch)!!Still learning(the hard way)!!
Regards
John
UnknownUnicorn180388
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@johnjlw, Hi John,
I would personally stick to a demo account and learn without losing any capital, once you feel confident in your setups and strategy you can then execute your positions with confidence.
johnjlw
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Hi Tom
Just your average poor man!!Can you explain to me how you calculate 38.2 % as target.Please!!