I thought I had missed the opportunity to enter a short position on GU yesterday because of the volatility but thanks to today's pullback I was able to enter the trade.
I have set a 120 pip SL, with a 300 TP (1:2.5 risk:reward). If things go according to plan I will look to trail the position instead.
I have set a 120 pip SL, with a 300 TP (1:2.5 risk:reward). If things go according to plan I will look to trail the position instead.
Trade closed manually:
I closed my trade 50 pips away from my T.P for a 1:2 RR. It's still a flaw I have to work on but nonetheless a good trade.