Been a while since I posted here.
GBPAUD
On the 19th price reached support and rejected it.
I placed 2 pending entry long orders 1 for a 50% retracement and 1 for a breakout entry.
I placed these orders as OCO (one closes other) meaning if 1 target got triggered the other would be cancelled...
Entered long on a inside bar/rejection bar on the 4h when price had reversed after hitting strong resistance.
Got a bit greedy though as my original profit target was abt 20 pips from the highs.
Moved my target further up and set my stop under the low from 13th at 1300.
Trade still made me...
Hi,
Originally from Denmark but currently live and work in the US on the east coast.
Been trading for roughly 4 years, the last 2 quite successfully.
Besides pure price action I am quite a big fan of Fib numbers :)
Was in a specific stock for a short time a little over 2 years ago and I completely missed they would be reporting earnings the day after.
I never keep any stocks, when I trade them, over earnings releases but completely missed this one and I ended up taking a hit of 15% of my trading...