News may be bullish, but bullish news has been a catalyst for institutions to sell into liquidity on the past tests of 2800. Shorting against 2825 for a good R:R
Comment:
2% risk put on this one. Starting the year new again
Trade closed manually:
Closed the first half at 4.1 R when it hit 2740 while the other half hit SL as it did not hit my target of 2706.
Lessons learnt: The rejection after testing 2726 was evident of buyers supporting the trend. Was a key sign to take more off. Risk management pays off regardless. 4.1 R - 1 R = 3.1 R profit. Starting off first trade of this year on tradingview well. Meanwhile, busy with trading interviews.
Planned: +3.1%
Lessons learnt: The rejection after testing 2726 was evident of buyers supporting the trend. Was a key sign to take more off. Risk management pays off regardless. 4.1 R - 1 R = 3.1 R profit. Starting off first trade of this year on tradingview well. Meanwhile, busy with trading interviews.
Planned: +3.1%