Placing this trade just below the red line.
Entry: 1.1340
SL: 50
TP: 150
R:R 3
There is news coming out in 15 minutes which might accelerate price downwards triggering the trade.
Alternatively if price continues back up to the high, I won't go Long, I will wait to go Short again.
Entry: 1.1340
SL: 50
TP: 150
R:R 3
There is news coming out in 15 minutes which might accelerate price downwards triggering the trade.
Alternatively if price continues back up to the high, I won't go Long, I will wait to go Short again.
Trade active:
What a messy morning, but it seems we got it right at the right time.
Comment:
Short entry was too high. Red Line should have been 10 pips lower. Entry should have been 1.1330.
Trade closed: stop reached:
-50 pips
No more trades today.
No more trades today.
