Same as the other two trades I've published so far. Waited for the Cable to reach a strong supply zone and form a bottoming pattern. I missed the initial breakout but jumped back in after the retest made new highs. This is on the 8h but could be traded on the 12h or daily.
Let's see what happens.
Let's see what happens.
Comment:
Still waiting for a push up. I will cut my losses early if price fails to push up.
Trade closed: stop reached:
SL Hit. This was a half position to begin with so loss is small.
Being right is not as important as managing your risk!
Being right is not as important as managing your risk!