Nice Little Cypher

FX:EURUSD   Euro / U.S. Dollar
100 1 6
Spotted this one this morning while getting back to pre-market analysis while still on vacation,
Did not place order this morning as I would be away all day. When getting back and checking charts, noticed that pattern was still valid and it was offering a better entry point.

In the trade, now let's see how it goes. Would like a winner on this one to make up for the lose on my first trade on trend following strategy.

Remeber to plan your trades and trade you plan !
Trade active
Trade closed: stop reached
I am in that one too, let´s keep our fingers crossed!
+1 Reply
johan.larsson johan.larsson
A question for you. What method do you use to keep track of moving your targets accordingly when the markets keep pushing toward the stop, beyond the D?
I mean if your in front of the computer it´s a no brainer but whit this one, when it´s a swing trade how do you manage it?
ATM strategy with some kind of moving targets or what?
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