Short 2x0.7 lots: at 2.0160. Sopped out at 2.0212
-281.88-281.88= - $563.76
Balance: 30,362.7 - 563.76 = $29,798.94
Update 2: Stopped Out
Update 1: Pending short limit was triggered. Trade is active.
Trade 5: Pending Short GBPAUD @ 2.0160
S.L @ 2.0212
For 30,362.7 Balance, and 2% risk per trade=$608, Position size = 1.4 lot ( 0.7+0.7)
Based mainly on and Momentum divergence
- The price is testing the high of the daily long-legged candle, which acts as a
- The price has formed a major gravestone candle on the four-hour chart
- A clear divergence is seen on over the four-hour time frame
Don't forget to click the Thumbs Up
Wish me luck and best of luck for everyone.
For Trades rules and guidelines follow this link
My best regards
Subscribe to my trading portal http://thefxchannel.com
Otherwise, just criticizing for criticizing and discussing the details for your own trades, and what i should have done with my position, its not any helpful and not welcomed. Cause these are my own trades not anyones else.
Therefore we use Money Management and risk , reward calculations.
So I think this was a good example that if we followed your rules we would all be happy.
I tank you for the time and effort you take to help us, all for free.
I am with you all the way until the last trade, still 95 to trade.
I thank you Technician for your time and effort. It is highly appreciated.
Waiting for the next trade.
Thanks again, and I wish you well .