I took an aggressive short position on this ides. I was able to capture an entry at 120.518. I will update on the results.
Question: If price moves back up towards the trend line, would it be considered that this trend would be over, and you would not want to take a reentry...perhaps I just answered my own question. Any criticisms are appreciated on my road to becoming a great trader
Is it bad that I take such high risk to reward ratios? Im always watching the market. Should I be changing my stop loss when I get deep into profits. These may be simple questions but any insight is appreciated. Do I want to anticipate pull backs and look for reentries? Please comment, like and follow as I grow as a trader.
Question: If price moves back up towards the trend line, would it be considered that this trend would be over, and you would not want to take a reentry...perhaps I just answered my own question. Any criticisms are appreciated on my road to becoming a great trader
Is it bad that I take such high risk to reward ratios? Im always watching the market. Should I be changing my stop loss when I get deep into profits. These may be simple questions but any insight is appreciated. Do I want to anticipate pull backs and look for reentries? Please comment, like and follow as I grow as a trader.