I havent really posted much on TV in a while, but started using Tradovate and cant trade form the platform so it makes things a lot easier to post.
I love this GBPAUD setup. As long as we stay in this channel and move down I think we will continue to the trendline. This is a 9-1 RR so its impossible to pass up. A more conservative approach would wait for the bottom of the channel but damn youll be missing out on some pips if she falls. Hope on now with extremely low risk and if it breaks up reconfirm at a channel break. Good luck.
I love this GBPAUD setup. As long as we stay in this channel and move down I think we will continue to the trendline. This is a 9-1 RR so its impossible to pass up. A more conservative approach would wait for the bottom of the channel but damn youll be missing out on some pips if she falls. Hope on now with extremely low risk and if it breaks up reconfirm at a channel break. Good luck.
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Someone private message me today about this losing trade. To which I answered, if you let this trade beat you already youre crazy. When you see a channerl in this situation you have to expect and overthrow, notice i did not put parameters on this trade. That is because i knew this would happen. We coudl even touch and overthrow the upper trend line none of that matters, it just makes it asll the more juicy when she falls.