Took a loss and entered a new trade on the same candle
Updated
I am currently long on the Cypher. I had to adjust my entry to make it fit my maximum risk. In other words, I moved my entry a few pips down in order to risk no more than 100 pips.
Just keeping you updated
Just keeping you updated
Trade active
Note
This has been a painful trade. I adjust my targets, so target 1 is at 136.45. I just want to move my stop to break even, but I can't yet. The market made a higher high higher close, so it would not surprise me to see a retracement before hitting target 1.We could just go straight down, but let's be optimistic!
Note
Stop loss moved to Break even because price came within 2 pips from target 1. Risk-free trade.Trade closed: stop reached
Stopped out for break even.
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