Hello Pro Traders
This is another situation... BE Trade and then the Price is ready for free fall without me soooo typical.
So i ask myself:
Was this trade nonsene - I gues not, i had a clear signal and 500 pips (USDSEK) space.
I gues i had too big expectation again. I set my TP 860 pips into the Box on the last swing low. But today price say no i got the rigth expectation.
Wrong trade management? Maybe i had some fear of loss. I gues not because i set my SL on TP as price closed under the last outsidebar.
Would some of you did not take this Trade? And how would you manage the SL ? Or what else would you do different?
THX for your response
This is another situation... BE Trade and then the Price is ready for free fall without me soooo typical.
So i ask myself:
Was this trade nonsene - I gues not, i had a clear signal and 500 pips (USDSEK) space.
I gues i had too big expectation again. I set my TP 860 pips into the Box on the last swing low. But today price say no i got the rigth expectation.
Wrong trade management? Maybe i had some fear of loss. I gues not because i set my SL on TP as price closed under the last outsidebar.
Would some of you did not take this Trade? And how would you manage the SL ? Or what else would you do different?
THX for your response