So also long on a pending trade in GBP weakness last night.
At start of equity US open all GBP pairs moved down a bit.
As risk across 4 trades is 6.87%, going to adjust risk on some of these as my trading plan is max 6%.
At start of equity US open all GBP pairs moved down a bit.
As risk across 4 trades is 6.87%, going to adjust risk on some of these as my trading plan is max 6%.
Trade active:
Initial Trade : GBPJPY Risk 1.61% 1.5R
Trade active:
Stop moved to 154.47, Risk 1.13% now.
Still leaves 5.06% risk on table, but that is below my 6% limit.
Still leaves 5.06% risk on table, but that is below my 6% limit.
Trade active:
Holding for now, consider further SL move especially due to 4 hour trendline, which as I write it is respecting.
Trade closed: stop reached:
Ouch! Stopped out at breakeven.
Trade closed: stop reached:
Downside trendline was respected!
Triangles ....
Triangles ....
Only 50 pips in profit, but yesterday and today so far (hello NFP!), 155.23 the low.
Risk is +0.11% or something silly.