Moving stop to breakeven... Zero risk!

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It is a H4 based trade... I often start with a mental stop of 30 pips... Will move stop to breakeven as soon as I see progress..

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Opened a long order here at: 1.1784... Risky still and I hope H4 didn't print a fake break... Let's see...

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I think now it is much better to risk longs... H4 bulls could achieve a candle close above 1.1796 and that is meaningful.. I will look to buy dips..

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I can tell, majority of retail traders want this to go up... but H4 candle has not closed yet... Still risky! No rush! *Without an H4 candle close above 1.1812 (or at least a M15 candle close above 1.1809), bulls can only fantasize...

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Next target: ~1.1767....

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M15: Bulls need a candle close above 1.1809... otherwise no continuation!

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H4: Here we must act careful, because any candle close above 1.1801 can change direction back to bullish. While H1 provides resistance at ~1.1820-ish area, H4 situation, especially a breakout from bear channel, could help bulls to overcome ...

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Meanwhile, on H1... While waiting for London opening, 1.1812/22 area is my key resistance zone... Nothing bullish yet.. Rinse and repeat selling! Happy trading day folks

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M15: I am marking 1.1811 as nearest resistance on this timeframe.. *To be on the safer side: Just mark 1.1815 as main resistance on H1 and M15 and try selling as long as candles open below it!

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M15: no selling yet... no rush...

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Please visit page 1 to first understand our rules.. Only EURUSD here... And my answer: Often news have been already traded because big players have access to much clearer data and much valuable inside info than retail traders... It is often "past" ...

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My brothers, sisters... Please let people be... tolerate or press ignore, but don't escalate.. Let's focus on EURUSD shall we? The more we focus on our own business, the lesser toxicity can bite us.. Peace and on a side note: Go bears go

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Just friendly teasing bro.. In contrary, I like it that you put emphasis on correct spelling and typing.. Just don't be too hard on yourself whenever you catch those who don't care! Best wishes

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Yes off-topic... and I don't answer anymore! Everything I wanted to share is already shared on my other thread here... Just study what was shared there and build your own wisdom... Work for it! Earn it! Now let's focus on EURUSD.. Thanks!

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Also keep in mind that I often prefer to trail my stop instead of setting a target... In such cases you can see the potential benefits below. There is a lot more gains with "trail" logic... The "target mentality" is old school and I use it very ...

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What? a few pips? No.... Here is my rough targeting scale: D1 or H4: 50 to 80 pips H1: 15 to 30 pips M15: 5 to 10 pips M5: 3 to 8 pips I hope it answers...

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We hired him as our typo police... You can't escape his "all seeing" eyes..

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I understand. That's the safer way. I personally like to trade every zig and every zag. While I am bullish on some smaller timeframe, I can be bearish on some higher timeframe. Squeezing out every opportunity with help of collaborating multiple ...

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H1: Bulls failed to penetrate nearest resistance... I stay bearish until bulls prove the opposite...

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