The risk-reward ratio is not set properly. If you had set your stop loss a little further away from the price you might have taken a profit by now.
Robin0701
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@Super_B_XinR, you’re right, should’ve gave it a bit more room to run. I had it set just above an OB i was entering in on. But price got a bit more volatile then expected, probably due to the news. Should’ve factored that in.
Robin0701
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@Super_B_XinR, now im just gonna wait for a new break of structure or a mitigation at the OB at the UTAD.
Super_B_XinR
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I will set it above the red dotted line of my chart to ensure that there is enough room for price fluctuations and thus filter out disturbances within reason.