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Lightwork_
Aug 4, 2022 7:14 AM

EURUSD Short 2:1 RR Short

Euro Fx/U.S. DollarFXCM

Description

Longer timeframe short off of 4H and 1H. Still part of my plan.

In at 1.01831 stop at 1.02102.

Trade active

Back to laptop.
1.01831 entry point. 27 pip stop.

Today is a busy day considering that on Monday we had 1 trade, on Tuesday 1 trade, and yesterday 3.
Today we are already at 6. And we missed one early in the morning for a total of 7.
This happens sometimes.

Comment

Not ideal the way trade is shaping up with price going against us, but overall plausible 1H close to hold.

Remember this trade is based off of HTF Swing, therefore we utilize not 15M to close early, but 1H.

Comment

15 minutes left till 1H candle close. If we close around like that we will be out for a early exit.
But there is always a possibility of price turning around during that time.

Comment

Good close on 1H. Can hold a little longer.

Comment

4PM is now. Leaving trade on, and will be observing it for management.

No more trades for today.

Comment

Another good hour.
Still holding, although not the happiest of holds.

Comment

Good development. Holding was nice.

I actually scaled-in on this trade, but I didn't write about it because after I did price dropped before I had a chance to come to laptop and I don't want to write after a move has already happened. So, will report only OG position results and management.

Comment

Moved stop to 1.01960. Reducing risk.

Comment

Still holding. Price barely touched our stop (missed by 0.8 pips) and turned around back in profit. #Feelsgoodman

Trade closed manually

Out for -0.49.

Later will do a review, but it seems that nothing could have been done differently.
Comments
davidkalekye78
I'm a beginner but I'm struggling to make a trade please help .
Lightwork_
@davidkalekye78, get proper education or hire a coach, without understanding your situation how can you get help
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