Hi, can you explain your plan once the trendline breaks?
11021992
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@RubbaN, Enter short after the breakout. Targets are indicated by the turquoise line.
RubbaN
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@11021992, What do you define as a breakout? Hourly close below line?
11021992
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@RubbaN, Yep, preferably with some speed behind it to show that bears in are in control.
RubbaN
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@11021992, allright, thanks for the info and sharing your ideas!
11021992
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@RubbaN, No worries. Feel free to PM me if you have more questions.
RubbaN
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@11021992, What happened here is what I experience to much. We broke the trendline with a good move down. Before that break I planned my SL @ 1192. The hourly close was around 1180. So we have 8$ to target one, and 12$ to SL, which gives a bad P/L ratio. And when this retard starts to speak things are totally facked offcourse.
11021992
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@RubbaN, Haha, yeah the Trumpinator messed up the market yesterday. Regarding your P/L ratio (or R:RR as I call it) was not 8/12 :P.