ForexFloorTrader

EU Daily Chart - Missed Entry

Short
OANDA:EURUSD   Euro / U.S. Dollar
I missed my original entry point by 3 PIP's so I entered SHORT at market. 1.6:1 reward to risk ratio. I really like to keep reward to risk ratio at 2:1 or greater but I decided to go ahead with this trade as I feel confident price will move lower.
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