Lightwork_

EURUSD Short 1.4:1 RR

Short
Lightwork_ Updated   
FX:EURUSD   Euro / U.S. Dollar
We are getting a EURUSD setup now. Will see how it goes. Orders set.
Comment:
Price broke the swing. Will be resetting the order for the wider position size. Stay tuned.

Comment:
Reset order. 16.3 pips now.

Comment:
Pullback is coming.

Comment:
Didn't get trigerred in. Still waiting.

Trade active:
In. As always managing actively. Early Exits are always possible. SHARP.

Comment:
Line in the sand for Early Exit is the 4M50 and a downward sloping trend-line.

Comment:
Good development in our favor.

Comment:
Moved stop to 0.96646. Reduced risk to -0.25 from -1. 4 times. Great.

Comment:
Perfect 4M close. Keep holding. Risk reduced.

Comment:
Retracing a bit, but nothing major.

Comment:
Very good 15M close.
Comment:
Comment:
Nasty retracement. Holding for now, will see.

Comment:
Lower High seems to be forming.

Comment:
Moved stop to 0.96578. Locked +0.14. From -0.25 to +0.14. Not bad.


Comment:
Plausible 15M close.
Trade closed: stop reached:
Stop hit at +0.12. All good. Great trade, good management.


On to the next one.

Lightwork_
Comment:
Early Exits (with the stop in this case) is profitable once again.
'Made' an extra +0.40 by understanding where to move stop correctly.


Lightwork Trading
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.