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If you are hisitant about entering, a very safe entry would be at 105.630 where we will become bearish
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I was stopped with a bit less than 50 pips loss due to neglecting to move my stop when I should have. Again this trade was counter trend but was very badly managed as I missed the major objective of why I entered counter trend in the first place.
REMEMBER: PanOptic counter trend trades MUST have negligent risk .. this one did not
REMEMBER: PanOptic counter trend trades MUST have negligent risk .. this one did not
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However, I still like this trade so maybe I'll do a setup tonight
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For those who held the position after we passed CL ...
You were very wrong even if you were right
Do not do that again please.
the objective of posting my trades here is not to make money .. I don't need to post to do that
It is to give you an example of what you have to do in order to be successful. So one of the most important things you have to do is to respect your stops.
You were very wrong even if you were right
Do not do that again please.
the objective of posting my trades here is not to make money .. I don't need to post to do that
It is to give you an example of what you have to do in order to be successful. So one of the most important things you have to do is to respect your stops.
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Please take some time to read this CAREFULLY...
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REMEMBER: PanOptic counter trend trades MUST have negligent risk .. this one did not
This should read negligible not negligent
This should read negligible not negligent