I got out of my Long positions for +15 and Breakeven.
I did want this to be Long so it could prove my theory right. 1.1290 is a very strong support and I would like to have seen my 250 pip rise up.
This 100 pip quick stop hunt this afternoon leads to believe that the less risky Short idea is more likely.
Entry: 1.1265
SL: 50
TP: 50
R:R 1
Once we reach 1.12, we could then resume the Long trend.
I did want this to be Long so it could prove my theory right. 1.1290 is a very strong support and I would like to have seen my 250 pip rise up.
This 100 pip quick stop hunt this afternoon leads to believe that the less risky Short idea is more likely.
Entry: 1.1265
SL: 50
TP: 50
R:R 1
Once we reach 1.12, we could then resume the Long trend.
Trade active
Comment:
Ouch, I think this was a Stop Hunt.
Trade closed manually:
Pretty sure it was a Stop Hunt
-25 Pips.
-25 Pips.
Comment:
I should have waited, I have made an impulsive premature close, without confirming it was definitely a Stop Hunt.
Comment:
It could quite easily have been a Breakout - Pullback.
