the golden gun
RINSE & REPEAT
I've always been fascinated with the idea of getting large R:R potential from INTRADAY setups. To me... that is how we turn on the afterburners for our wealth building trading machine!
This isn't to negate or draw focus from your typical 20-30 pip stop setups, but I would like to highlite for a few who might think of the 10 pip stop as a "voodoo" practice just how it can be done... using the same old tools and concepts you would be using anyway.
My first example is for a Cable short from today. There is 2 charts, one of the 15m CDR setup with "key resistance" marked in yellow, and the other a 1m chart showing the exact entry with the familiar OTE trigger.
Enjoy, and feel free to contribute 10 pip stop setups you spot yourself
This isn't to negate or draw focus from your typical 20-30 pip stop setups, but I would like to highlite for a few who might think of the 10 pip stop as a "voodoo" practice just how it can be done... using the same old tools and concepts you would be using anyway.
My first example is for a Cable short from today. There is 2 charts, one of the 15m CDR setup with "key resistance" marked in yellow, and the other a 1m chart showing the exact entry with the familiar OTE trigger.
Enjoy, and feel free to contribute 10 pip stop setups you spot yourself