We are looking at the 1hr chart and we took a long of 16000 (390.00 margin) at 1.2213 with a limit on 1.2250 for a 60 dollar profit and set our stoploss at 1.2190, so we would be about even with the start. Hedging. Risk management.
The thoughts are this is a good 3 bar play setup long still. We are in a good daily range and the RSI is in a good spot for a run upward. We want to trade with the trend unless the market sours on us, we will scalp that lol!
This is trade 3. We are at 511.94, from 500.00 orginally.
We are day or swing trading based on the setups through the New Year to see where we can run this account up to.
The thoughts are this is a good 3 bar play setup long still. We are in a good daily range and the RSI is in a good spot for a run upward. We want to trade with the trend unless the market sours on us, we will scalp that lol!
This is trade 3. We are at 511.94, from 500.00 orginally.
We are day or swing trading based on the setups through the New Year to see where we can run this account up to.
