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Lightwork_
Sep 29, 2022 7:36 AM

EURUSD Short 1.4:1 RR  Short

Euro Fx/U.S. DollarFXCM

Description

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.

Comments
Tradersweekly
Thanks for the setup.
Lightwork_
@Tradersweekly, Stay tuned for updates. Will be resetting the order.
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