bearish pin bar/ 21 EMA bounce(delayed sell limit entry)
entry price:2.0375
stop loss:2.1075
take profit:1.8975
this trade ended up being successful, resulting in a 1400 pip gain
GBPNZD sell entry(Monthly) result
Published on Saturday February 4th, 2012 at 03:51PM by youngtrader07
On Saturday February 4th, 2012 at 06:54PM by don555 - Like - 0 People
On Sunday February 5th, 2012 at 10:07AM by don555 - Like - 0 People
YTO7 why do you only have 1 ema on your monthly chart
On Sunday February 5th, 2012 at 10:16AM by youngtrader07 - Like - 0 People
yes, i entered this trade a little over a month ago in my live account. i placed the trade approximately halfway between the the bearish green pin bar. in this case, i set my stop loss slightly above the high of the pin bar setup. my original exit point, which was actually hit a couple days ago, was 2 times what my stop loss was( ex: stop loss(risk): 700 pips, exit(reward):1400 pips)
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