Kangaroo-Market

Kangaroo-Market

more like an investment...not trading TP and SL can change depending on the market conditions

Kangaroo-Market

I'm more with the second way to go..the long way; waiting for a retrace

Kangaroo-Market

two ways to go :) well...the third one(going upper) is possible also

Kangaroo-Market

Seems that EurCad came back for a little retest before going upper in the next days/weeks Remember that nobody can predict if the retrace can be bigger or no :)

Kangaroo-Market

reasons for going short: -touched the resistance zone -PA showing that price didn't manage to stay above the channel. -being at the resistance of the channel long: on the big scale EUR looks to get stronger and a push above the tested resistance is possible

Kangaroo-Market

looks like a good short opportunity to me :) don't forget to manage your risk accordingly; beak even stops or trail stops depending on PA

Kangaroo-Market

a bigger retracement can take place manage the trade using your own risk appetite

Kangaroo-Market Updated 

Saw this before

Kangaroo-Market

SL can be larger or smaller depending on your risk appetite;

Kangaroo-Market

if you are not a mid term trader, you should wait for the entry presented; if you are (like myself) going long now is not a bad idea. markets are getting hot...gold should rise

Kangaroo-Market

bought in those two places marked on the chart; trades still running with trailing stop

Kangaroo-Market

if the trade is in profit, don't forget to move the SL to break even and ad to the position after that

Kangaroo-Market

I pushed a little with the SL but better safe than sorry

Kangaroo-Market

buying nzdchf on the funded account; a little update: reached 10% with the nzdcad+eurcad buys and doubled my account :)

Kangaroo-Market Updated 

if you want a better RRR you can wait for a retracement...but don't count on it :)

Kangaroo-Market Updated 

pretty decent RRR

Kangaroo-Market Updated 

NZDCHF will go to 0.635 level? Let's see

Kangaroo-Market Updated 

not a great RRR; wait for a retracement or use a smaller SL;