Thread: River Theory Trades

My long this is only one of those problems, what I have moving in the eur usd if looked for it I cuts term? I definately need to learn when to exit optimizing my profits.
S - eurusd @ 4419 40
b - eurusd @ 4335 50
I took a chance on a bounce @ 4333 on wed. 17th low the challenge is if this begins to drop when do I exit?
I am thinking 1.4387 is a significant degree in this situation

Now thats weird position. Did you use some kind of envelope trading method, with daily ranges, as entry point?

Ah I know now after studying your edit. If it had been me, the long closes . ed that 50 pips profit, and stay with the brief @ 4419 and move my brief stoploss to 4419 (BE)

Profit locked thankfully in the bank right? And 0 risk

Well,you know us noobs, not know exactly what went to get ourselves in.
Price hit tough @4333 wed. and bounced I placed an order cause I thought it might do it again.

10 - 4

I placed an order a buy nzdusd hitting 7535 with a stoploss that is tight. It won't be much Should I lose.

DRT,
gbpusd sitting in 7-1-07 monthly river level @ 9930 some ideas? How about a chart or two in jan. to begin 2008 off?

Closed nzdusd @ 7700, more pips to have been left but thats what inexperience gets me.

This Affirm why worth Assembles at Important S/R https://forexintuitive.com/discussio...pivot-egy.html


Thanks so much FTI