Thread: Interactive Trading Setups Disscussion

good, nice reaction ->

good day ...

Yes... Question: on a trade setup like this: will you tight the stop once you are in profit or will you let the trade ride to where your TP1 is and then move your SL?

Hi Silver, to be honest I am not in position to advise you on this, as I am not convinced that the way i do it is proper. I do not have fixed approach for managing the harmonic trade. I decide real-time based on the fractals that market draws and even more based on the overall situation with my equity (at the given time) and other positions open (are they in profit or loss).
I am trading today also AU and EU and will take decision on EURAUD based on them.

Fully understand... I decided to close 3/4 of the trade and leave a little bit to run to my TP2...

Thinking about a short on the AUDUSD at the 0.9900 level... Thoughts?

was thinking about the same, as this would match with with long on EURAUD
... but my preference is to look for longs (not shorts) on AUDUSD.

I dont want to long until we hit .9805 again... Plus that gap is still open... Weird place! You still on the EURAUD? I am thinking of going back in...