Another example of set & forget trades was today after a CP Double Play on EU & GU. I did take other scalp trades while this was developing but I let it play out.
EU had bounced on rising support forming a Harami Cross (circle on chart) but I had missed that entry because it happened in the Asian session. The CP signalled a Double Play Hammer & this was the better of the 2 pairs to take a long because price was up for the day, above 20ma and above the Pivot.
I did take the GU trade also but with a tighter stop. Rather that put it under the low I used the low of the signal candle. I done this as price was weak for the day (under 20ma & under Pivot) but the signal was a Harami at a new low.....my main entry set up.
Both pairs hit targets; GU +40 & EU +50