EURAUD March.5, 2019 9:30am
- Short position
- 4 lots
- SL: 27.2 pips
- TP: 58 pips
Confirmations:
- Head and shoulders pattern off daily resistance
- 61.8 retracement rejection
Results:
- Price came about 5 pips short from hitting TP before hitting SL on next 30min candle
- In actuality I would have placed a trailing stop and/or took partial profits when 1:1, 2:1 ratios were hit.
- Short position
- 4 lots
- SL: 27.2 pips
- TP: 58 pips
Confirmations:
- Head and shoulders pattern off daily resistance
- 61.8 retracement rejection
Results:
- Price came about 5 pips short from hitting TP before hitting SL on next 30min candle
- In actuality I would have placed a trailing stop and/or took partial profits when 1:1, 2:1 ratios were hit.