Third time is the charm.
Along with OPEC meeting going on today. We get a positive decision for my case and they cut production.
I took off a third of my position at the 1.7270 level.
I am putting back on a full 1% with stops the same area.
Along with OPEC meeting going on today. We get a positive decision for my case and they cut production.
I took off a third of my position at the 1.7270 level.
I am putting back on a full 1% with stops the same area.
Comment:
4th time the charm?
Trade closed: stop reached:
Stopped out at B/E. What I did wrong was not paying attention to the ranging market with a bullish flag being formed. Now I know to look out for this. GBPJPY may have been a similar set up two weeks ago. This is the second time I have been shorting despite a bullish flag being formed. Writing it here should help me
Comment:
Comment:
I am watching price at 1.76
They have finally cut production. It could be too late but Oil should recover a bit.
Price is still hovering around the area in blue. Once wicking up to 1.75 level. Hopefully it can be sustained and we finally get our push down.