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Dreadlegion
Aug 16, 2016 11:40 AM

EURUSD short after major move up Short

Euro Fx/U.S. DollarFXCM

Description

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.
Comments
jeemit1
whats ur stop??
Dreadlegion
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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