Well It looks so far that I made the right decision moving onto a higher timeframe and looking to other markets for oppertunities.
On that GBP/CHF trade I am currently up +260 pips
With 116 pips locked in and on a free run. Moved my stop to 2.1398.
It was actually over +300 pips up at one point.
I have a limit order in at 2.1735 to close out the trade. Then If it actually reaches that I will look to go short back down. If it breaks at any time out of its current range I think we could be in for a massive move. But in the mean time I'm just going to try play its range until then.
I am at work and am going to upload a chart from my oanda game as I only have meta trader on my home PC. but it looks grand. Its a daily chart...
Happy trading everyone
On that GBP/CHF trade I am currently up +260 pips
With 116 pips locked in and on a free run. Moved my stop to 2.1398.
It was actually over +300 pips up at one point.
I have a limit order in at 2.1735 to close out the trade. Then If it actually reaches that I will look to go short back down. If it breaks at any time out of its current range I think we could be in for a massive move. But in the mean time I'm just going to try play its range until then.
I am at work and am going to upload a chart from my oanda game as I only have meta trader on my home PC. but it looks grand. Its a daily chart...
Happy trading everyone
The more I wait the more I make