EURUSD daily with trend buy signal.
Signal bar specs High 1.17634. Low 1.16886. giving us .00748 pip range .0075 for commissions.
Obviously breaking the top of the bar has already signaled entry, but part of this strategy is to take entry half way to the stop, which is what I shall do.
Entry Long 60 K EURUSD @ 1.17284 (IF price can meander back to these levels.)
T1 SELL 40k @ 1.18384
T2 SELL 20k @ 1.19134 However I’m going to step it back to 1.18990 due to round number support and non-new highs. Also very tight trailing.
Stop Sell 60K below the daily candle @ 1.16882
Seems awfully risky. But this trend has been my friend, let’s see if this is the end. Part of grasping trading for me is taking setups that don't always let you sleep at night. No matter what any individual trader thinks about this pair, it is irreverent to the sell signal at hand.
Good luck! Trade at your own risk!
Obviously breaking the top of the bar has already signaled entry, but part of this strategy is to take entry half way to the stop, which is what I shall do.
Entry Long 60 K EURUSD @ 1.17284 (IF price can meander back to these levels.)
T1 SELL 40k @ 1.18384
T2 SELL 20k @ 1.19134 However I’m going to step it back to 1.18990 due to round number support and non-new highs. Also very tight trailing.
Stop Sell 60K below the daily candle @ 1.16882
Seems awfully risky. But this trend has been my friend, let’s see if this is the end. Part of grasping trading for me is taking setups that don't always let you sleep at night. No matter what any individual trader thinks about this pair, it is irreverent to the sell signal at hand.
Good luck! Trade at your own risk!
Trade ativo:
60K Entered.
Trade fechado: objetivo atingido:
40K closed at 1.18384. The other 20 k has been trailed up to 1.18100, with the same T2 target 1.18990
Trade fechado: objetivo atingido:
T2 has been hit at the trailing stop.
Comentário:
I mean to say the 20 K position has been closed with the trailing stop at 1.18100. Fresh start for the week.
Comentário:
We can see in hindsite, that had I not trailed that last 20k, they would have been taken off at a loss. It was hard to move that stop so close, but then again we knew this trade was pushing the limits as it was. We are satisfied with what it gave us.