USDCHF [Pending Long]
Updated
Long Fishing Setup
- Busy Limit (Sorry late document)
- Entry timeframe H1
- Hope it retrace back to half of previous candle
- Alternative entry is open of previous pin bar, but reward will be much smaller.
Setup Entry
- Entry: 1.37260
- Stop: 1.37101
- TP1: 1.85200
- TP2: 1.39243
- TP1 Reward: 7.48
- TP2 Reward: 12.47
My entry was: 1.37168
My stop was: 1.37150 (now I have move my stop 1.5 pips above entry already)
The way I entry market really depends on candle to candle as real time feel of price. Very hard for me to document execute my trades and read market at the same time.
- Busy Limit (Sorry late document)
- Entry timeframe H1
- Hope it retrace back to half of previous candle
- Alternative entry is open of previous pin bar, but reward will be much smaller.
Setup Entry
- Entry: 1.37260
- Stop: 1.37101
- TP1: 1.85200
- TP2: 1.39243
- TP1 Reward: 7.48
- TP2 Reward: 12.47
My entry was: 1.37168
My stop was: 1.37150 (now I have move my stop 1.5 pips above entry already)
The way I entry market really depends on candle to candle as real time feel of price. Very hard for me to document execute my trades and read market at the same time.
Trade active
My entry was: 1.37168My stop was: 1.37150 (now I have move my stop 1.5 pips above entry already)
Note
So far I have around 10% gain today.USDCHF is risk free now.
EURUSD still 2% risk
USDCAD is risk free already.
Note
Wrong title, this is USDCAD tradeNote
Update TP1: 1.38450Sorry I thought copy and pasted correctly...
Trade closed: stop reached
Note
Recover trade:Trade active
3rd attempt and last attempt!
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