took short eurjpy shortly after london open with 40 pip SL. got stopped out as ZEW came out. if my stop was only about 2 pips larger, it would survive. got in short two positions at about the same price i got stopped out because i had a strong conviction that prices are going lower. my stop on each of these positions only about 10 pips each (my irrational logic was that normally i would risk 50 pips on a position but got stopped out at 40 ). closed one of them with profit of about 42 pips recovering my loss and letting the second one ride with a stop loss at break even. currently up about 50 pips on that one and expect another 60-70 pips on a top. reason for that is the price rejecting ema 200 and also daily pinbar candle. i didnt expect such a positive ZEW numbers and surprised that it retraced so much.
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Cut your Losers short and let your Winners run.
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Cut your Losers short and let your Winners run.
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Financial independence is what I live for
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I Have Learned to Take Some Losses to Make Profits
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I Have Learned to Take Some Losses to Make Profits