dont risk more than 1 % of your account on the stopploss. make sure to calculate your lot size correct. make sure to open at least 3 trades (in case your broker does not allow you to partially close your trade).
put to breakeven after target 1 was hit.
good luck and have fun!
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i think i should offer signal service: whenever i go long you should sell the hell out of the market ;)
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sorry for wrong placed comment. was ment to go below my eurgbp idea. simply forget about it.
MEANWHILE ON SPX500: Price kicked back to the 0.618 fib and sell trades been placed on market
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we might see another attempt for upside
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target 1 hit , rest to breakeven. will add some position soon
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is there another chance to sell now?
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In daily timeframe we have an inside bar breakdown. I would open sell trades only if price goes 10 pips below the inside bar that is already broken.
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4h inside bar forming?
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same on NASDAQ. observe both carefully.
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sp500 not going down as yet but price action looks very corrective for more downside to come. sell break of the upward correction