Daily time frame suggests an opportunity to capitalize on indecision and/or manipulation in the market.
Sell limit set at 4.06358 with a 461 pip stop. Risk = $12.50 (1/4 of 1% of equity).
Buy limit set at 4.01748 with a 461 pip stop. Risk = $12.50 (1/4 of 1% of equity).
Both orders expire 10 minutes before London close.
No take profit target will be set. Trades ride to stop loss or until I choose to take profit.
Sell limit set at 4.06358 with a 461 pip stop. Risk = $12.50 (1/4 of 1% of equity).
Buy limit set at 4.01748 with a 461 pip stop. Risk = $12.50 (1/4 of 1% of equity).
Both orders expire 10 minutes before London close.
No take profit target will be set. Trades ride to stop loss or until I choose to take profit.
Comment:
I made a mistake when posting the buy limit and buy limit stop loss on the chart. Those lines did not reflect the actual order which was stated in the original comment. Here is a picture of what the buy limit and buy limit stop loss actually look like.
Order cancelled:
Closed the orders due to the spread. Definitely way too high lol.