Hello everyone,
On my initial trade i got stopped out on EURUSD but de-risked ahead of CPI so the loss was minimal. I waited and punted shorts again. I think we might have topped or if not today definitely next week. I can let my positions run all the way to 1.11 so i am kindly asking you if you follow this idea to manage your risk carefully. I am willing to take a -2.5% loss on this trade so that is a bit of a risk from my side but i think in the end it will be worth it. If not, well...a loss is a loss and we will look for better trades.
On my initial trade i got stopped out on EURUSD but de-risked ahead of CPI so the loss was minimal. I waited and punted shorts again. I think we might have topped or if not today definitely next week. I can let my positions run all the way to 1.11 so i am kindly asking you if you follow this idea to manage your risk carefully. I am willing to take a -2.5% loss on this trade so that is a bit of a risk from my side but i think in the end it will be worth it. If not, well...a loss is a loss and we will look for better trades.
Trade active:
reduced risk last night and some at london open
Trade active:
Going to reduce risk more while i am sort of at breakeven... Will add shorts if we push higher. For now patience.. PPI coming in next few hours so its best to be prepared for the worst
Trade closed manually:
Closed all pos..Minor losses accross the board... I am patiently waiting for new and better opportunities or if the market structures breaks