EURCHF did anyone else take this trade

The Lazy Trader Forums Lazy Trader Online Trader Community Forex Set-ups EURCHF did anyone else take this trade

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  • #5849
    Daren Steven
    Participant

    Thought this was worth a shot with a close stop loss has been in an even trend and the last 2 times it has hit the trend line it sold off quickly now at 2:1

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    #5856
    Rob
    Participant

    Hi Daren, welcome to the forum!

    How did you enter this one? Seems pretty contrarian 🙂

    #5860
    Daren Steven
    Participant

    Hi Rob It great to be here,

    Yes the trade was not by any of the rules you have laid out, I just looked at the trend line and on the previous 2 occasions the price dropped rapidly at this level. Was a bit 50/50 but risk was tiny as could get a very tight stop just above the level. I shall look to get in long when the price drops to the next technical level.

    Just as a side note if you would prefer I don’t post non lazy trader type ideas am happy to refrain.

    Daren

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