Also 400 was the high of the day which adds to it, although TRO is withoutYes you're right, round numbers and support and resistance. In this case resistance. Thanks, I must try and bear these in mind as well.
I suppose you have to build a story, you hadHey Dazzer,
Just out of interest, this order was also close to the low of the day but not really a round figure. Any thoughts on that.
I think its sometimes easier to revert back to a higher time frame to getLooking at this trade again, it was not a good setup. I actually sold on the support that was developing from yesterday. So I'm going to tighten my sl to the resistance as shown in the chart and bring my tp to break even. I should have rather waited for the support at 120.60 to have been breached before entering the trade.