just remember that spreads will be super high when market opens so ur SL is very easy to get triggered
That’s ok. S/L is meant to limit the loss made when the trader is wrong in their speculation, and that’s all it is for me.
breakout is about to happen, it’s a breakout friday afterall! seems i was wrong!
definitly,
Good call folks,
early jump too, the fun dont start for another 1 min
seems this is even crazier than yesterday’s news
btw im betting my cows, my pigs, my whole farm on this breakout, show me what you did yesterday !
haha!
what was the news?
yesterday’s news was eur not cutting interest rate
EUR/USD – Jumps After ECB Rate Announcement | OANDA Forex Blog
ok, I dont watch the news…
gets me in trouble, lol
Here is what my chart looks like currently
neither did i, it happened all of sudden and you can see the prices spiked up yesterday in merely seconds
im late on the boat today! omg! it’s stuck now, but im still bullish!
I’ve closed this trade and banked profit 'cos
- It’s Friday
- GBP is struggling atm
- 50 pips profit is GR8 8 8 8 !
Go mate!, Go dude!, Go girl! (Take your pick)
Don’t get caught when they ‘Shake the Tree’, know what I mean?
Trade with care :57:
Me neither. The news?, it’s all a con, IMHO.
Leave more on the table, that’s the way to go :35:
I’ve got on a sell for cable.
SELL GBP/USD @ 1.6151, s/l @ 1.6181, t/p @ 1.6101
Hoping to ride the retracement!
UPDATE: Out @ 1.6159 - retracement was a damp squid!
RESULT: Closed this trade at 1.6159 = -8 pips
the tree???
im on the plane, watch me fly to the sky, then sky dive on the way down!
as a first timer, i would be nervous, anxious and such
but this is my 2nd time come on! let’s all sky dive baby