I've got a new signal from my setups going short on EURUSD. As long as price doesn't "close" above my stop level I'm in for the ride. The breakout of the level shown as per all of my idea's is a price indicator and tells me which direction the price is heading in. Stop loss is the opposing breakout line (black).
Since my setups only work with a 1:1 ration I try to get in after break and a retracement has occurred to reduce the ratio.
Additionally I often get out at T1 with a view to getting back in later as there is often a retracement around the T1 targets. Check out my other idea for examples.
Since my setups only work with a 1:1 ration I try to get in after break and a retracement has occurred to reduce the ratio.
Additionally I often get out at T1 with a view to getting back in later as there is often a retracement around the T1 targets. Check out my other idea for examples.
