You may wanna trade this down as a 2618 trade.
Stopploss 10 pips above the double top.
first half of trade take profit at the last formed lower low, then rest to breakeven stopploss and let it run for lower prices.
dont risk more than 1% of your trading account on that idea / on that stopploss
calculate your lot size and your risk !!
Stopploss 10 pips above the double top.
first half of trade take profit at the last formed lower low, then rest to breakeven stopploss and let it run for lower prices.
dont risk more than 1% of your trading account on that idea / on that stopploss
calculate your lot size and your risk !!
Trade closed: stop reached:
sorry for late update. stopploss was reached.
lost 1% of my account, not a problem at all!
lost 1% of my account, not a problem at all!
Comment:
always bitter to see that you got stopped out and then "could have made many pips..." but that is hindsight thinking! stick to the plan. find another chance. move on and have fun. dont risk your account by moving stopploss levels against your initial idea or stuff like that.