First trade of Tuesday.
Order set at 1.01993 with 6.8 pip stop at 1.01925.
Overall feels like a possible continuation to the upside, will see.
Order set at 1.01993 with 6.8 pip stop at 1.01925.
Overall feels like a possible continuation to the upside, will see.
Trade active:
Got tapped in.
Long EURUSD is USD Short.
We are also Long USDJPY, which is USD Long.
Therefore we don't have USD overexposed. Good hold.
Long EURUSD is USD Short.
We are also Long USDJPY, which is USD Long.
Therefore we don't have USD overexposed. Good hold.
Comment:
Nice close. Keep holding.
Comment:
1:1 hit.
Comment:
1/2 taken out.
Price swing is broken on the high, stop is moved to 1.01955
Price swing is broken on the high, stop is moved to 1.01955
Comment:
Also good close.
Keep holding till 80% at least.
Keep holding till 80% at least.
Trade closed: target reached:
Target reached. Good trade, good management.
Lightwork Trading
My style of trading is Day-trading. Average trade duration is 1 hour, median duration 29 minutes.
I NEVER risk more than 1% per trade. Risking more than that is disastrous.
Trading like that involves quick decisions based on fast candle developments such as 4M and 15M. Early exits is the norm. I post this information mainly for myself to guide my thinking process, but if you use it for your own educational purposes it's solely your responsibility of your trading. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice. **