I took this short at the start of the latest bar. Price had broken the support at 5435 and everything else on the chart looks to be heading down. There appears to be no major support until 5280, so my tp is 5290.
Breakeven is already locked in at +2 by me ea when the price hit +30, so this trade cannot go bad whatever happens next.
My speculative gu buy trade from yesterday has flopped, triggering a hedge sell at -70; this now has +32 pips locked in. I am not sure what I shall do if the market continues to fall; continue hedging, I suppose so I do not have to close at a loss.
Pleasant start to the day.
Breakeven is already locked in at +2 by me ea when the price hit +30, so this trade cannot go bad whatever happens next.
My speculative gu buy trade from yesterday has flopped, triggering a hedge sell at -70; this now has +32 pips locked in. I am not sure what I shall do if the market continues to fall; continue hedging, I suppose so I do not have to close at a loss.
Pleasant start to the day.
