This took a while to play out but it was nice to see everything come together. Originally it was a 3:1 reward to risk, then I reassessed as I felt price action looked like it had further movement south.
there was no news or events that were going to affect the trade so it was fine to leave it over a few days.
Actually I will not that after price retested the daily EMA i then took the trade as price action was weak against it, then shortly after it fell through.. just like my marriage did.
there was no news or events that were going to affect the trade so it was fine to leave it over a few days.
Actually I will not that after price retested the daily EMA i then took the trade as price action was weak against it, then shortly after it fell through.. just like my marriage did.