With FOMC coming, you have to make a decision whether you want to trade during the news or just close your position now and take your profits
If you are not too good at this yet, it is better to close your position and re-open it after the news
If you are not too good at this yet, it is better to close your position and re-open it after the news
Comment:
We've just hit strong resistance and we can expect a pullback from here. You can optimize your position if you wish
Comment:
Stepping down to H1, we can find a nice place to add to our optimized position. Look to buy in the buy zone
Comment:
Target reached with ~70 pips profit
Comment:
If you want to optimize here, good idea
If you want to close, fine
If you want to stay, you are welcome
If you want to close, fine
If you want to stay, you are welcome
Comment:
Next stop, 0.73215
Comment:
Coming up on 0.73215. I think that we will get a reaction there as per my chart below...
Comment:
We're already up more than 100 pips so it is highly advisable to take some of your profits and buy lower
Comment:
Very nice pullback...
Comment:
If you decide to enter, do it on a low TF after you get a signal
M15 as an example
M15 as an example
Comment:
Please do not enter without a signal..
Comment:
SL for the rest of the position (should only be 25%, at BE
Otherwise, we will stay in this trade until we are kicked out by the market