I got out a couple of hours ago. I took a short right at the top for my first trade. I sold after about 100 pips not knowing it would go down a lot more. Clearly missed some ea
Y
money.
I grabbed another 82 pips when I closed today so I am Ok. This was a trade I initiated about 2 days ago.
The pair might keep going down, in that case it is a "pass" for me if there is no retrace. I did put an area lower as a potential target where I would consider a buy for at least a solid reaction to the long side.
That being said, I will be considering a re-entry short as well if there is a retrace.
I do more and more re-entry trades.
This one is a good example of where I could get back in.
Y
money. I grabbed another 82 pips when I closed today so I am Ok. This was a trade I initiated about 2 days ago.
The pair might keep going down, in that case it is a "pass" for me if there is no retrace. I did put an area lower as a potential target where I would consider a buy for at least a solid reaction to the long side.
That being said, I will be considering a re-entry short as well if there is a retrace.
I do more and more re-entry trades.
This one is a good example of where I could get back in.