Swiss Franc / Japanese Yen

Short

Updated

CHFJPY

1% RISK
EMA Cluster, FIB Cluster, STRUCTRE...

Note

Now breakeven. Looking for opportunities to scale in on any clear pullbacks.

Note

Added second position.
Retest of TL, 1H & 15Min EMA + Fib

snapshot

Trade closed: stop reached

2nd Position Taken Out

Trade closed manually

1st position, moved stop.
Taken out for -0.5%

Total loss: 1.5%

Note

Lesson:

In hindsight, I should not have taken a loss on this trade.
Greed motivated this.

Had I held my first position and sat on my hands, I would be break even and would've been able to get in at a better spot. Had I not moved to B/E, my stop placement would still have me in the trade and back in profit.

Greed! Don't let it get to you.
0 pips is better than losing.

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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.