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Yes, your 74 tick stop loss would be hard to recover? Seems like a lot of risk to take to me for 31 ticks and 100 ticks? Risking 74 ticks for 66 ticks profit? Or am I reading that wrong?
Not a criticism, just learning.
Can you help answer these questions from other members on NexusFi?
With 31 ticks SL, 31 ticks Target 1 TP, 100 ticks Target 2 TP, and a 21 ticks Bailout TP when the tide was turning against me, that would not be gamble .... this is how I'll play it in live cash account ... or will it still be gamble ?
Im still short from 1.3512 . Price came close to my target while I was out but not close enough . Looks like its pulling down from 1.3500 so I might get paid in the 11th hour here .
I posted briefly on this in the thread, but I decided to replace my 30 minute chart with a volume chart. 8192 is just a computer number, 256, 512, 1024, 2048, 4096, 8192, 16384 and so forth... nothing special in any way. But it is roughly equal (time/bar wise) to a 30m chart, so it was either 4096 or 8192 or 16384, and 8192 was the most equal to a 30m chart.
