$100k Challenge - USDJPY Short - Trade Review - E45 T1
Hey all!
A new update for the challenge!
This time, we have one of those frustrating stop losses; however, that's just how trading goes sometimes, haha. Almost exactly after entering the trade, the market started to make bullish progress, peaking (at least now) just above the stop loss.
The price action reflects a bearish presence, so I still consider a short position an option depending on how the market continues evolving. On the other hand, if we see a bullish continuation, I would discard new positions for now.
Since there's not much more to cover regarding this trade, this update for the challenge was brief. I hope you enjoyed it!
Until the next trade!
A new update for the challenge!
This time, we have one of those frustrating stop losses; however, that's just how trading goes sometimes, haha. Almost exactly after entering the trade, the market started to make bullish progress, peaking (at least now) just above the stop loss.
The price action reflects a bearish presence, so I still consider a short position an option depending on how the market continues evolving. On the other hand, if we see a bullish continuation, I would discard new positions for now.
Since there's not much more to cover regarding this trade, this update for the challenge was brief. I hope you enjoyed it!
Until the next trade!