Live Trading Session 210: How to place your targets
Updated
In this live trading session video, we are analysing the basis for our 2 short trade positions on GBPUSD. We look at why we placed our target very near to entry on 1 position and much
further on the 2nd trade position.
further on the 2nd trade position.
Trade active
No further trail.Trailing stop remains at 1.2429
Trade closed: stop reached
With the USD retail annoucement news released, we got stopped out at 1.2429.Overall positions summary on GBPUSD:
1st position: £102
2nd position: -£138
Net P/L: -£36
Remember your edge and keep executing consistently according to your trading plan for your edge to be realized.
Trader Starter Pack (5-day video course): masterthemarkets1.ontraport.com/tl/128
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To book a 1-1 session with our trader coaches: masterthemarkets1.ontraport.com/tl/129
To find out more about Smart Money indicator: bit.ly/3OF5r5N
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