First time in the charts for me so this is a rough go, something I've been reading about so thought I'd try and put it into practice, currently involved in the EurUsd trade, one part has been matched at TP and I still have the other half of this trade open with TP set below 1.10000, I've marked up my chart with the the orange dotted line showing my SL which is now set to break even and green line showing significant amounts of strength around the 1.11320 area so time will tell whether it breaks through but as you can see from the parallel black lines we are definitely in a downwards trend. If breaks or bounces who knows, the markets re-open tonight and then we will see. Feel free to comment and let me know what you think.
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