Cheers trendie.
I'm still running these trades, both breakouts from the 0700-0800 bar and reversals after 0900: also added in swing trades off the same H1 charts but trades of all three types have to be trend-following with regards the H1 50EMA. Adding the EMA has been a good move. The breakout set is weakest: longer term we might see this has been due to the damping effect of the Brexit impasse - few FX markets are trending strongly.
As ever I'm not seeing when to get out with profit on individual charts. This tempts me to simply close everything and shut down for the day when the unrealised profit total looks healthy. Trying to resist this impulse.
But I am making the effort to screen-watch so I can close losers earlier than the stop-loss and re-set a new entry order.
Time will tell........
I'm still running these trades, both breakouts from the 0700-0800 bar and reversals after 0900: also added in swing trades off the same H1 charts but trades of all three types have to be trend-following with regards the H1 50EMA. Adding the EMA has been a good move. The breakout set is weakest: longer term we might see this has been due to the damping effect of the Brexit impasse - few FX markets are trending strongly.
As ever I'm not seeing when to get out with profit on individual charts. This tempts me to simply close everything and shut down for the day when the unrealised profit total looks healthy. Trying to resist this impulse.
But I am making the effort to screen-watch so I can close losers earlier than the stop-loss and re-set a new entry order.
Time will tell........
