motleifaul

Correction at least

Long
motleifaul Updated   
FX:EURUSD   Euro / U.S. Dollar
4
Whether the uptrend will be reassumed or we shall see an upward correction I suppose..
Trade closed: stop reached:
A stopp is a stopp.
Trade active:
However, I am leaving part of the position long in the market as we are at a resistance level.
Comment:
Now, at this lower (resistance) level the complete position is reopened.
Trade closed: stop reached:
The renewal of the position was no good idea. Usually it's the best not to do this even if there is a certain reason. If the original idea was right then its failure has some serious reasons that may make another idea in the same direction obsolete.
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