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Manu76
Aug 19, 2019 1:31 PM

taking some breath Short

Euro Fx/U.S. DollarFXCM

Description

Hesitation today brings up this little short trade

Comment

Counter trade setup

Comment

If SL hit the target 1.1122

Trade closed: target reached

Exit at TP 1
All this just for a few pips :-)
Market is to difficult to predict in short term and price did not react as I wished when I entered the trade. At least it's no loss

Comment

I had some indications today that the price could fall slightly down, but only this afternoon. Time is exhausted and now I have indications on the 1H that the price can change direction soon. It is a pity that it did not go exactly as expected, but perhaps also better. These pips are not worth the risk even with the recovery trade if price turns against me. Something is lurking which can suddenly push the market up or in make some big moves on the 15min which is to risky to trade. So, closed the trade and let's look for the next one.

Comment

I think price will go to 1.1130 now and if this happens I want to know if it's holding above this level until the end of Tuesday

Comment

In the end price dropped almost to TP3. A bit late in my opinion but here we're.
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