The 1.048 figure had me thinking price would not get up into the 1.0506-1.052 resistance zone, but this sharp up move has changed everything.
If I see a push into the resistance zone I will be looking to get short using a 40 pip stop loss.
As always look to get whatever you can on the profit side... even if that means 10-20-30 pips... if it gives you opportunity for a profit and you wind up taking a loss then that is just poor trade management.
Enjoy!
If I see a push into the resistance zone I will be looking to get short using a 40 pip stop loss.
As always look to get whatever you can on the profit side... even if that means 10-20-30 pips... if it gives you opportunity for a profit and you wind up taking a loss then that is just poor trade management.
Enjoy!
Comment:
I'm short @ 1.05115
Trade active:
Short from 1.05115
Trade closed: stop reached:
Out 40 pip loss.
