Hey Hey Hey,
Look at that, a nice rejection candle, making this a bearish possibilities.
Let's try to make some moolah out of this!
Here's the setup:
Enter Order (Sell): at 128.568
Stop Loss: at 128.660
Take Profit: at 128.338
With this setup we are risking 9 pips, to be rewarded with 23 pips!
I wanna say "I hope the market will goes our way", but remember guys, there's no HOPE in Forex. Rely on hope, and you will be out of the market soon enough. So I'm going to say, GOOD LUCK instead!
GOOD LUCK FELLOW TRADERS!
Look at that, a nice rejection candle, making this a bearish possibilities.
Let's try to make some moolah out of this!
Here's the setup:
Enter Order (Sell): at 128.568
Stop Loss: at 128.660
Take Profit: at 128.338
With this setup we are risking 9 pips, to be rewarded with 23 pips!
I wanna say "I hope the market will goes our way", but remember guys, there's no HOPE in Forex. Rely on hope, and you will be out of the market soon enough. So I'm going to say, GOOD LUCK instead!
GOOD LUCK FELLOW TRADERS!
Trade active:
Pending Order for sell has been triggered!
Let's see how the market moves now.
Let's see how the market moves now.
Comment:
Amazingly from my side, the SL is not triggered yet. If it did for you, just let it be, and I'll provide a better analysis next time with a bit better SL.
Comment:
I think even though mine didn't trigger the SL, it is not fair for my audience that got their trade SL'ed. With this, I'm making a decision to mark this as Stop Reached. Let's treat this as a loss.
Doesn't matter, there's always next trade!
Doesn't matter, there's always next trade!