Does this mean the trade will win? Who knows, what it does mean is that I can afford to be wrong 3 times on a setup like this and have one winner cover all of those losses. Now that's my type of profile.
More on this setup in this weeks WEEKEND REVIEW video "The Stop & Reverse Technique" https://www.youtube.com/watch?v=fZBkVGDB9Oc&list=UUVveEks3MWZqOsvzTF_LGQg
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Anyway, by thinking through the comparison, the 1.27 ext would minimize the risk ratio if the market is likely to go beyond 786.
Do you sometimes use the 786XA or just the 1.27BC extension only?
I know the Euro is very weak across the board but for this pair particularly on the Weekly and Monthly charts, price seems to be more in a bullish phase.
would you think there'd be an opportunity to grab the aggressive C down to a bigger bat right here?
I'm aware that you're taking time-off during thanksgiving but I'd gonna ask anyway :D