Trailing stop hit on previous deal with a nice pyramid taking 345 pips and went long at 1326.
We had a 7 day move without a reaction so expecting a good move but being a trend follower I have no target but rely on my systematic approach using chaotic trading theories.
Some good reasons to be long here evident in the chart
We had a 7 day move without a reaction so expecting a good move but being a trend follower I have no target but rely on my systematic approach using chaotic trading theories.
Some good reasons to be long here evident in the chart
Comment:
40 pips profit on first deal and crossed first fractal on 4 hour. Stop BE and time to buy second contract, bought second contract at 1466. Watching third fractal at 1482 for signs of higher prices if crossed.
Trade closed: stop reached:
Stopped out at 1345
19 pips profit
(-21) pips loss
Total = (2) loss
19 pips profit
(-21) pips loss
Total = (2) loss