123 Top - break even
I mentioned the 123 set up yesterday on the USDCAD, here is the same set up but on a 60 min chart. I entered this near the 886 reversal (3) with my stop 25 pips above the high. This morning my 1st position was exited and I've adjusted my stop on my 2nd position to break even. I'm now waiting for a obvious swing high before I adust my stop again. Earlier in the month I mentioned give your trades some breathing space, so now I'm just letting the trade run. If I get stopped out at break even I will still consider this as a successful trade as I've followed my trade plan and also lost no money.

USDCAD forex chart from Advanced Get
Good trading
Labels: usdcad
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