This is the third trade with the new methodology derived from the old. It is designed to provide high probability trades set-ups with good to Great RRR on a daily basis (as opposed to 1-3 such trades per week). Since it is on a 15-minute chart and there is a 15 minute delay for posting here on Tradeview, there may be timing issues. I will do my best to post so everybody can take advantage. We will start considering trades at the European open (currently 3am est). Also, this methodology relies on a directional bias, which may Increase, decrease or change completely mid-session, so I will update the trade accordingly, so look for those changes.
like yesterday, 2 potential entries
15 KS Entry = 1.8440
or
BO entry = 1.8407
Stop = = 30 pips
Initial PT = 90 pips
like yesterday, 2 potential entries
15 KS Entry = 1.8440
or
BO entry = 1.8407
Stop = = 30 pips
Initial PT = 90 pips
Trade active:
Breakout trade has been triggered is now Active
Entry 1.8407
Stop 1.8437
PT = 1.8317
Entry 1.8407
Stop 1.8437
PT = 1.8317
Trade active:
Trade is stalling here at the 1.8360 level (+ 47 pips or so)
although I think it will push down again, it will probably pullback first so manage your trade accordingly :)
although I think it will push down again, it will probably pullback first so manage your trade accordingly :)
suggest moving your stop loss to flat and/or closing part of your position
and banking some profit :)