Reply To: Trade reviews

#46515
Tim Tim
Participant

Trade: scalp Short EURGBP

Trade idea: move down to take out lower MT stop
Y-axis PB: No shorts in the way and longs above to block price
X-axis PB: Large new longs just entered market
Net DM: long sqeeze
Net T-in-prof: shorts in profict
Lev Positions: New over leveraged longs just entered
1D chart: Close to the lower MA

Entry: 0.85688
SL:0.85960 (below lower MT stop and long positions)
TP:0.8550(at the low MT stop and MA)

Short-EURGBP-entry

I closed the trade after lower MT stop was removed

EURGBP-exit

What’s people opinion on closing positions when stop targets are removed?

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