Pair dropped out of rectangle, expecting retrace to its lower bound.
Daily ATR is 60, drawn stop loss is set based on this and for scenario where Entry 2 will get filled in. If only Entry 1 will get filled in, stop loss will be set lower. Also targets depend on entries, but T1 and T2 will be good for start.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Daily ATR is 60, drawn stop loss is set based on this and for scenario where Entry 2 will get filled in. If only Entry 1 will get filled in, stop loss will be set lower. Also targets depend on entries, but T1 and T2 will be good for start.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Trade attivo:
Entry 1 got filled in.
Commento:
Also entry 2. Now, head south, USDJPY :)
Trade chiuso: stop raggiunto:
Too bad, -pips.
