Thursday 28 February 2013

27/02/2013 EUR/AUD short (loss)



Short trade off the H4 chart. Here is my entry chart which explains everything. Risk was 0.5%, aiming for 2:1 RR (click chart to enlarge).






and here is the exit chart showing price going up and stopping me out before continuing downwards towards my target.




Although the trade lost, I don't think it was a bad one to take. 

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