trading back to the mean
Trade closed: target reached:
Risk to Reward of 1:3
This could go a lot higher as we have bounced quite convincingly off a Daily Trend Line.
On my Forward test I am going to hold on for a bigger daily move of AB=CD and my SL is at BE.
It's great to see I picked a good R:R entry and identified the most obvious place for a stall at 1.2500
This could go a lot higher as we have bounced quite convincingly off a Daily Trend Line.
On my Forward test I am going to hold on for a bigger daily move of AB=CD and my SL is at BE.
It's great to see I picked a good R:R entry and identified the most obvious place for a stall at 1.2500
Going against these means I should only target the mean or just wait for a trade in the opposite direction