nick’s trading lounge

Commentary:
Tried eur/usd short, not the best looking trade on the 1min.
Probably shouldn’t have taken it.

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So it seems that when the market is trending hard, I can get away with moving my stop to break-even quickly. However, in a more normal paced market, I don’t think that will prove helpful. I should place the entry,stop, and target and let them play out.. only occasionally managing the trade.

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Trades:
Short EUR/USD @ 1.3654, -1.8% - DIBS
Short EUR/USD @ 1.3665, +0% (stopped at b/e) - DIVERGENCE -> this trade was as planned, albeit stopping out.

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Results: -1.8%

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