i feel if one enters the trade here, that he or she will get filled on the take profit and bank some pips.
should you wish to look for good entry, very well
wana adjust the risk to reward
Normal entry is demonstrated with the dashed line and the two thick red horizonta lines are targets 1 and 2.
Now, on entry, the first target was filled and traded and second target was anticipated. But it never got there.
Ideally stop loss was moved to break even so that should market reverses, there will be no money lost and actually it got stopped out on break even.
Again, the entry i made for the public later after the trade was wrong, as i should have brought it higher and still target the around the first target but i did not.
Sorry about this. When i saw this trade, i went on to look for something for the public to cover up for their losses on the gold trade and it did traded just well.
Market has its ups and downs, at times you dont laugh that always but be assured with me you can laugh more as i am not an ideal trader without no loss. Will try to make sure i win mostly as you have observed so far.
Thank you for stopping by