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JLJ002500
Sep 28, 2015 4:11 PM

EURGBP - Trade Journal/Record. Short 1/2 position entered Short

Euro Fx/British PoundFXCM

Description

EURGBP





1/2 position: Sell @ .73887 w/ SL @ .7438 [-49.3 pips] & TP @.7282 [106.7]


Potential add to position .7397-.7415. Would like to do so following a reversal candle on 4H chart. (Potential 1H)

Good aspects with this set up:
- It is nearing range of past reversals
- Good risk/reward

Bad aspect with this set up:
- No completion of a reversal candle. That is the reason for the 1/2 position. However, I could be getting ahead of myself.
- Had a failed reversal candle on 9/24 at resistance band.


Comments welcomed.
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