eltrot1979
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GBPCHF pin bar
Hi TD,
I was looking at the H4 GBPCHF chart to check out the S/R levels you highlighted in your last post, and sure enough a pin bar had formed two days ago with its nose right on the S/R line. However, its huge! I think the range is around 127 pips. I had a look on the hourly timeframe but couldn't find an alternative entry point with shorter range. How would you have played this? Would you have taken it with such a large stop loss? I seem to remember you mentioning in a earlier post that you were working on reducing the size of your stop-losses?!
Cheers
Rob
Hi TD,
I was looking at the H4 GBPCHF chart to check out the S/R levels you highlighted in your last post, and sure enough a pin bar had formed two days ago with its nose right on the S/R line. However, its huge! I think the range is around 127 pips. I had a look on the hourly timeframe but couldn't find an alternative entry point with shorter range. How would you have played this? Would you have taken it with such a large stop loss? I seem to remember you mentioning in a earlier post that you were working on reducing the size of your stop-losses?!
Cheers
Rob