1) Daily trend: down.
2) 8-hour chart: price has reached a former resistance area.
3) 2-hour chart: bearish harami signal candle following the high on 2016/01/22, as well as oscillator divergence.
Short entry trigger missed; will enter if price breaks below signal candle.
Entry: sell 13,000 @ 128.011
Initial stop-loss: 128.439
1st target: 126.195 (buy 6,000)
2nd target: 125.208 (buy 4,000)
Trail stop on remaining 3,000
2) 8-hour chart: price has reached a former resistance area.
3) 2-hour chart: bearish harami signal candle following the high on 2016/01/22, as well as oscillator divergence.
Short entry trigger missed; will enter if price breaks below signal candle.
Entry: sell 13,000 @ 128.011
Initial stop-loss: 128.439
1st target: 126.195 (buy 6,000)
2nd target: 125.208 (buy 4,000)
Trail stop on remaining 3,000
Trade active
Trade active:
Correction to 1st target: 127.052 (buy 6,000).
Trade closed: stop reached:
Starting balance: $4,478.15
Gross P/L: - 46.83
Commission: - 1.04
Net P/L: - 47.87
Ending balance: $4,430.28 ( - 1.069%; - 1.549% YTD)
MAE: 42.8 pips (1.0R)
MFE: 58.3 pips (1.362R)
Gross P/L: - 46.83
Commission: - 1.04
Net P/L: - 47.87
Ending balance: $4,430.28 ( - 1.069%; - 1.549% YTD)
MAE: 42.8 pips (1.0R)
MFE: 58.3 pips (1.362R)