Update: EURUSD 24-01-18 Short Trade 1 Short Playbook 4H C.3
Trade 1 Short Playbook 4H C.3
-I am in the trade short on a regulated broker (CMC Markets)
- Lot size is 0.01 lots until I am consistently profitable.
- My Entry prices are the same as below.
- I have a take profit in place but I will reduced risk if the market structure present with breaking new lows on the Lower Time Frame
- Grade of trade : c+
(with reading price action and with the current fundamentals news being more bullish than bearish plus it's a friday and they are usually lower probability trading days)
Entry Price: 1.08842
Exit Take Profit: 1.08162 or 68 Pips
Stop Loss: 1.09242 or 40 Pips
4. Price has shifted to the downside on the lower time frame
5. A valid entry model was formed
6. I placed A confirmation entry on the 15m Chart
7. I am waiting to reduce risk or place a take profit with a dynamic trend following risk management strategy
-If you read this far then I really appreciate your support and drive to become a better trader or analysis.
-If you would want me to include more info or a different asset class to trade please let me know. I Love analysing charts :)
-Please follow or like my stuff or don't lol.... just trade safely and include a stop loss with a MAX RISK OF 1%. You can't blow an account in a day if you trade with the well thought out risk structure.
-I am in the trade short on a regulated broker (CMC Markets)
- Lot size is 0.01 lots until I am consistently profitable.
- My Entry prices are the same as below.
- I have a take profit in place but I will reduced risk if the market structure present with breaking new lows on the Lower Time Frame
- Grade of trade : c+
(with reading price action and with the current fundamentals news being more bullish than bearish plus it's a friday and they are usually lower probability trading days)
Entry Price: 1.08842
Exit Take Profit: 1.08162 or 68 Pips
Stop Loss: 1.09242 or 40 Pips
4. Price has shifted to the downside on the lower time frame
5. A valid entry model was formed
6. I placed A confirmation entry on the 15m Chart
7. I am waiting to reduce risk or place a take profit with a dynamic trend following risk management strategy
-If you read this far then I really appreciate your support and drive to become a better trader or analysis.
-If you would want me to include more info or a different asset class to trade please let me know. I Love analysing charts :)
-Please follow or like my stuff or don't lol.... just trade safely and include a stop loss with a MAX RISK OF 1%. You can't blow an account in a day if you trade with the well thought out risk structure.
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