Hello @11021992, you mentioned a movement of SL from 0.78679 to 0.79300 due to NFP.. that is tightening your SL..any specific reason for that? if my understanding is correct, the risk of potentially reaching the SL is high likely..
please let me know your thoughts.. :)
11021992
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@Roel_Gabriel, Hey. Yes I moved the stop loss. We were in a nice profit and then NFP came, which can quickly turn price around. I don't feel like giving my profits away, so this way we managed to close at some profit.
Pio79
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I agree with the bullish Gartley. the reason why I hesitate taking this trade is the fact that USD is gaining strength against JPY again. EURUSD is still bullish but if the effect suffices to break the long term resistance around 0.8 is questionable. I currently have no good correlation data :(