Public Live Test - Trade 7

FX:EURUSD   Euro / U.S. Dollar
45 0
1) Daily trend: down

2) 8-hour chart: price rejecting values above 61.8% retracement ; oscillator divergence creating a short setup.

3) Oscillator divergence & hook down, confirming short setup.

I missed the entry when it triggered; price has retraced back above entry level, so I'll enter an order to sell at that level (unless prices break above the stop-loss level first).

Entry: sell 17,000 @ 1.08853
Initial stop-loss: 1.09168
1st target: 1.08387 (buy 6,000)
2nd target: 1.07136 (buy 6,000)
Trail stop on remaining 5,000
Jan 28
Trade closed: stop reached: Starting balance: $4,372.06
Gross P/L: - 53.55
Commission: - 1.36
Net P/L: - 54.91
Ending balance: $4,317.15 ( - 1.256%; - 4.063% YTD)
MAE: 31.5 pips (1.000R)
MFE: 15.3 pips (0.486R)
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out