EURUSD - WE TRY SHORT

Ideally we could wait, lose some pips but be guaranteed right.

However I'm going to risk my 25 pips I made this morning on price going south and not retouching the high.

Entry: 1.1360
SL: 25
TP: 200
R:R 8

If I'm right, I will exit my trade early if I see price turning before my TP is hit.

If I'm wrong, I'll take the 25 pip hit and re-enter at the high later today or tomorrow.

Trade closed manually:

Closing this trade: +3 pips.

I'm being impatient. I should wait.

Comment:

One of the hardest pieces of the trading puzzle isn't actually trading at all. It's patience and discipline.

Trading should not be gambling. I should be highly convinced that price will head in a certain direction.

In this particular case, I'm undecided and taking a +25 pip gamble.

I closed this trade and I'll wait to confirm direction.