DislikedI did open my position at the break of 1.5141 (former low) @ 1.5140, took profit @ 1.5120 for half the position and moved the SL to BE
Actually did that twice. Earlier today at the break of 1.5193 (low from 3:15 CET last night) opened a position @ 1.5191, took profit after 20 pips @ 1.5171 for half the position, second half running free. Stops for the two remaining positions is 1.5140 right now.
Reasons for both trades:
Below the Pivot Point - so looking for shorts only, entries right below psych levels with enough room to the next resistance (pivot / psych level)
If you look at the chart, I did the same yesterday @ 2:30 pm CET, but took profit for both positions. First after 20 pips, second after 40. Looking back, would have been better to let the second half run, as I did today. Would have.....could have......should have. I didnīt, so only thing I can do, is try to learn from that.Ignored
Can't argue with your reasons for trading. Simple and to the point. The less clutter, the better!
Cheers