A risky play here as GBP/USD rejects and falls back under 1.2667. There are two important highlights about taking a short here:
1) Price is still in an uptrend, so sizing must be small because it is risky to go short without confirmation.
2) That said, the potential reward is MASSIVE - considering a final TP around 1.07 you have a R/R of 17:1
A $100 risk would net you $1,700
1) Price is still in an uptrend, so sizing must be small because it is risky to go short without confirmation.
2) That said, the potential reward is MASSIVE - considering a final TP around 1.07 you have a R/R of 17:1
A $100 risk would net you $1,700
Trade aktif
Entered short at 1.265Trading ditutup secara manual
Stopped out at 1.274Catatan
Since being stopped out I have flipped long and momentum appears to be picking up. I was not able to make a post about this as I was on vacation.It's not about the money made. It's about the freedom created.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
It's not about the money made. It's about the freedom created.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
