If this H4 candle closes bearish on the EURUSD, we will be entering a short trade with a 3 to 1 risk ratio.
One of the great things about such a good risk-reward setup is that it allows you to have a lower win rate and still say wildly profitable.
First profit target is at 1 risk-reward as always. Updates to follow.
One of the great things about such a good risk-reward setup is that it allows you to have a lower win rate and still say wildly profitable.
First profit target is at 1 risk-reward as always. Updates to follow.
Comment:
Short EURUSD entered.
Trade active
Trade closed manually:
Closed trade before the market closes for the weekend with a small loss. Rather get out than risk a big adverse move on Sunday open.
Nothing wrong with this trade, it just didn't get moving the way I would have liked to seen. Always play it safe to live to trade another day.
Nothing wrong with this trade, it just didn't get moving the way I would have liked to seen. Always play it safe to live to trade another day.