Alright, this is my first trade post to get some feedback.
Checked the Forex Calendar @ Forex Factory and saw that US CB Consumer confidence numbers coming out. The forecast showed a bullish attitude towards the dollar.
I jumped in on the ride at the correction. I placed my SL (50 pips -) (maybe a little to low considering the resistance line above) and I placed my TP at 60 pips +.
The actual numbers came out better than expected, so i feel this trade has the three legged stool theory in its “bones”.
How is my reasoning? Some constructive feedback would be great to better my trading:):44:
Skål!
-Apathos