I’m buying GU on 1hr as I can see the price has changed direction. Using the system of 1:2 rr.
Trade attivo
Nota
Move my SL to the low of this current 1hr closing 9am.
I feel like the bearish should end here if my overall plan works to the upside.
In this trade, I’m being caught in the middle of pullback. It was just a matter of whether my SL could keep me alive.
With the 1hr has closed, I adjust my SL higher.
Trade chiuso: stop raggiunto
Nota
Following my above note, I updated my SL and it hit. I felt good to lose less than original SL, adjusted based on what I see at last moment.
The original SL hit too, so it was a great decision and good adaptation to the market.
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