Thanx anil for this heads up as well, I just have one question here, the way you determine the break...... do you always be offensive ( break the tl and entry ) or you play defensive ( break-retest and entry ) as sometimes breakouts can be false in nature..... in other words do you have a proven way to identify the breakouts..... thank you
anilmangal
⋅
yes we have a tested strategy on how we trader breakout, and it's none of the above you listed.It's based on wave patterns.
Love_Peace1
⋅
noted with many thanx anil.....
keamkaze
⋅
I wish if I saw your chart before shorting it last week, I had a different view. Usually I check your opinion before taking a position. However, what do you think should I do? (Short from 182.816).
anilmangal
⋅
Where is you stop?
keamkaze
⋅
I have already closed it with almost 70 pips loss :( Thank god the position size was only 2 lots.
anilmangal
⋅
Good because it will go up more ! hope no one is selling!
IvanLabrie
⋅
Agreed. Aiming for 187+.
Happy69
⋅
Thx Anil, was waiting for this to go and have 2 orders in to target. currently both at be + hopefully a better pip take than the last up movement we were in, a 626 x1 and 2 others on the way .total 1088.