4 HOUR Price action too slow to break back to the upside.
DAILY We need a pullback to the downside first, good short entries!
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FOREX SETUP SELL GBPCAD 1ST ENTRY @ 1.72030 2ND ENTRY @ 1.72620 (wait for trigger) SL @ 1.73660 TP @ 1.70240 RR: 1.1 / 2.35 Use 0.5% risk per Entry! (Remember to add a few pips to all levels - different Brokers!)
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good morning , do you set and forget or do you manage your stop so for example in this trade PA has moved nicely down as you predicted your second entry has nt triggered and price has moved south from your first entry do you cancel the second entry and move your stop to perhaps where the second entry should have triggered HNY Alan cheers Rob
DACapitalTrading
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@robharman, Good morning!, we keep holding that position with no change prices still may change direction towards second entry before dropping otherwise we move sl next monday!