Trade Triggered Moving Nicely 'with caution'
Quick update on this idea from earlier in the week.
As expected we got the move above 1.64 and then waiting for a 12hour signal on the TRFX indicator which occured so have entered the first position.
As the pair still could go up to 1.65 where if this occurs I will enter again.
First target for this position will be 1.60 where I expect some buying to come back in the market.
Trade is moving nicely and has already dropped over 100pips since entry
For long term targets please read the initial related post.
As expected we got the move above 1.64 and then waiting for a 12hour signal on the TRFX indicator which occured so have entered the first position.
As the pair still could go up to 1.65 where if this occurs I will enter again.
First target for this position will be 1.60 where I expect some buying to come back in the market.
Trade is moving nicely and has already dropped over 100pips since entry
For long term targets please read the initial related post.
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Get Your FREE Copy of The Trader's Edge – Mental Strategies for Market Success! -thetradingedge.net/the-traders-edge
Join Telegram group -t.me/+T7V_JSiKKsliMTJl
Join Telegram group -t.me/+T7V_JSiKKsliMTJl
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.