Nice Pop, moving SL to breakeven.
This trade is a monster. Up 22R currently, holding out unless I see a big reversal on lower TF. Cheers.
Another quick update. Currently sitting at 67 R. Taking half profit here.
Risking 2% per trade, taking 67% profit on the account thus far on the move. Moving SL up on other half to 1.239.
HUGE R target of 109 has been tagged, so I closed the other half. This was a once every couple of years type of trade.
Here's the breakdown of the power of keeping R/R in your favor:
First half: 67%
Second Half: 109%
Total: 156% in duration of 34 hours
Even using a 0.25% risk/trade model would net 19.5%, an excellent year in trading by many investors.
A little luck, a little skill, but discipline and consistency are the superpowers that create wealth over the long-haul. Have a great weekend, cheers.