I took this trade on my collective2 account but exited at 1.2875 for about a 1:1 risk/reward, unfortunately there was slippage. If it had shot right up to 1.30 I would have held on.
Fortunately in my private account I still had some of my long from the London open at 1.2918 this morning, I made it a free trade at around 1.2935 with a stop under the daily low which I did not move.
I took some more profit at R2 (1.2989), moved the stop to break even and left the rest in case this is foundation for a more prolonged move up with EURUSD.
If at 4pm London time the price is back down below 1.2953 I will exit the remainder and take a short.
No comments:
Post a Comment