Hi Traders
Today I have another very nice setup. Yesterday's trade (EURCHF short - linked in this article) unfortunately hit the SL, after adjusting it to breakeven. So no gain, no loss (I place the stop taking commissions and spread into account). Happy days!
RR on this trade is 1:2 (absolute minimum!). I am waiting for a clear break of the little support area and open the short position on a potential re-test of the area.
Stop loss goes to break even as soon as price hits 1R profit (dashed line).
Good luck :)
Today I have another very nice setup. Yesterday's trade (EURCHF short - linked in this article) unfortunately hit the SL, after adjusting it to breakeven. So no gain, no loss (I place the stop taking commissions and spread into account). Happy days!
RR on this trade is 1:2 (absolute minimum!). I am waiting for a clear break of the little support area and open the short position on a potential re-test of the area.
Stop loss goes to break even as soon as price hits 1R profit (dashed line).
Good luck :)
