Dreadlegion
Short

EURUSD short after major move up

FX:EURUSD   Euro Fx/U.S. Dollar
EURUSD             looks overextended after that big run up, I am short to the trend line however I have a stop loss in place because US red news is up in an hour.
Trade active: Short at 1.12932
Trade active: moving stop loss up to lock in profits
Trade closed: stop reached: stopped out with profit.
whats ur stop??
Reply
originally its a stop above the high, once it goes into profit I usually move it to break even or above to lock in some of the profits in case of pullback, then look for another entry
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