EURUSD Short 16.8.22

15 באוג׳ 2022

Nice move yesterday in EU and GU.

Good to see price moving the way we called it.

2 trade ideas for today.
Scalp idea: trade 1. If we get stopped out of trade 1. wait for price to retrace more to trigger trade 2 in.
100% of your allocated risk/trade on this trade

Weekly trade objective: Trade 2.
reduce risk to 75% of your allocated risk per trade. Since now we are down for the day.
25% of allocated risk/trade for entry 1
50% of allocated risk/trade for entry 2

What would void this trade?
if price went for the circled low first.
We look for another entry.

Plan your risk and trade position sizes accordingly.
This is not trade advice, just an opinion on the markets.
Trading can lead to excessive losses and complete loss of one's equity if not managed properly.

16 באוג׳ 2022

הערה

Nice to see the circled low is still intact.
Trade 1 still active.

17 באוג׳ 2022

הפקודה בוטלה

Look for next trade idea. updated based on where price has moved. still an EU short