Following on from the thinking in the previous post, I have placed this trade. I have put the stop relatively wide because the market personality page suggests that is a sensible thing to do at present. I decided to trade today rather than waiting for a pullback because 1. market personality doesn’t suggest there is an advantage to waiting and 2. this market has moved rapidly in the past. The stop level is shown by a line on the stop loss chart — I put it beyond 0.8550, but not at the full 2 ATR’s distance because 1. going wider doesn’t put it beyond an important technical level and 2. ATR is wide at the moment, and I don’t want to make the profit target needlessly challenging.
Here are some screenshots: