Setup bar High 112.480 Low 112.036
Entry 112.032 Stop 112.487 Difference of .455. T1 - 112.032. T2- 111.577. T3-111.122
I've marked a 1-1 on the chart.
Tight stop because that's the rules. DXY and EURUSD have bounced off major fib levels. I believe downside in DXY is eminent.
While USDCAD was my first short, price stopped me out and then moved my direction. Using proper risk management and ideology I've gotten over the loss pretty quick
Its hard to do again but I must run this stop tight too.
Its my way or the highway with these markets.
Goodluck! Comment, Like and Follow!!
Entry 112.032 Stop 112.487 Difference of .455. T1 - 112.032. T2- 111.577. T3-111.122
I've marked a 1-1 on the chart.
Tight stop because that's the rules. DXY and EURUSD have bounced off major fib levels. I believe downside in DXY is eminent.
While USDCAD was my first short, price stopped me out and then moved my direction. Using proper risk management and ideology I've gotten over the loss pretty quick
Its hard to do again but I must run this stop tight too.
Its my way or the highway with these markets.
Goodluck! Comment, Like and Follow!!
Order cancelled
The trade was not meant to be. Nasty retracement. One should always be suspicious of general non-active hours throwing false flags. DXY still bearish.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.