went back and adjusted it back to original stop: 1.7025 and original profit target: 1.6977...tstop: 15
Every time you make a trade, get a handle for how much you want to loose from the trade and how much you want to gain (that you are OK with) adjusting your stops just means you leave yourself open for it to get worse... When I make my trades, I set my take profit, stop-loss, SET&FORGET! go outside for a walk, go for lunch, dinner, etc. come back to see what happened. if it hit my stop, it hit it, and i was ok with it hitting it, know what I mean?
Wow, forgot. Tomorrow morn we get BoE and ECB statements on rates, expected to hold firm. This is gonna play havoc with the pairs tonite. Plus you got NZ and Aussie employment situation due. I am looking for it all USD negative. I got to sleep so I can make it thru the tomorrow. I have noticed my days keep starting earlier of late; hope that changes in the fall. Good trading everyone
I guess it's going to depend on whether they mention anything about extending QE or not, it doesn't look like anything is priced in either way. Edit: Oh no wait, I think his target's already been met hasn't it, if not the TS has kicked in....nice call increasenow!
1 pip, that's a good trade for me 1.6980, ah so close, but no cigar! Watch out for those wolfe waves, it's a full moon tomorrow...
I've been long since this morn. at .8422, stop below .8350. Pair shows decent support above .8400. We'll see.