In this trade, as you can see the trade was generally a good one, despite the fact that i was stopped out at break-even.
Original Trade (https://www.tradingview.com/chart/EURNZD/d6dypMB9-J-Trade-1-Counter-Bias-Short/)
So two main Takeaways from this trade is:
1- First target should be (5-10 pips)above the i highlighted in red.
Its a great practice to put you target level just above a when you are short, and just below resistance when you are long. In this case, i ignored this rule and wanted to enforce a better risk reward. If i did put my target above the it would be around 1.5705 and that could guaranteed first target of 145 pips profit.
2- A new short entry was confirmed by the four-hour (the candle that stopped me out), I should have re-entered shorting again... with a stop above this candle high and a target at 1.5700 are again.
Keep posted for more...
By the way, this is very noble of you to say that you were stopped out, other people would say that they won that position to show off, two thumps up..
Your Trades are very Good,though we are missing them by small things. That is Forex Trade. We are Least bothered. I want to attempt in a small way all ur 100 proposed Trades. In how many days,you could Complete Last100 Trades with 2000pips. This is Just for an Idea to us. In 2days,you gave 3good trades. Thx sudersan Rao.