Fr33zerPop
Long

Channel Cross Long Target

FX:AUDUSD   Australian Dollar / U.S. Dollar
49 0 0
This is a channel cross short-term target. The only reason I've chosen Long is because that's the short-term trend.

Ouch. So I was immediately stopped out.
Ok. So a better plan of attack now would be to bounce off that lower line and shoot for the angled-down midline, (which it's now crossed). ...On it's way to my target?
Ok, well I'm disappointed it stopped out, but off the bounce it did directly hit my target, which is good.

BTW             , can someone please explain to me why the Risk/Reward seems backward in the chart? If I have a Risk of 2, and a Reward of 3, that's "Risk divided by Reward", or 2/3=1.5 Have they mis-labelled it "risk/reward" when they're really calculating reward/risk?
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out