TradingView
JeffPohlmeyer
12 aug 2014 16:52
EURUSD Long Cypher
Lång
FX:EURUSD
60
Euro Fx/U.S. Dollar
FXCM
Beskrivning
⋅
12 aug 2014 16:52
Long Cypher pattern on the 60M EURUSD chart still trading near the entry point (though it was invalidated in the break below the X point)
Kommentarer
Ahmed-J
⋅
13 aug 2014 04:55
Nice one. Even though it was invalidated doesn't mean you should get out of the trade. Where is your stop at?
JeffPohlmeyer
⋅
13 aug 2014 13:05
For this one I had stops 10 pips below the X point. Hence if I didn't have limit orders in to pick it up on the move down I wouldn't have entered.
Ahmed-J
⋅
13 aug 2014 13:12
I like the 10 pips stop with this low volatility era. I personally put my stop beyond X by the ATR of the entry candle.
JeffPohlmeyer
⋅
13 aug 2014 14:19
That's another methodology that I've played around with. As long as you're consistent either one should be okay.
Mer