I'm risking about 70pips, and targeting 140 pips.
I'm never interfering with this trade. I either get taken out on SL or TP, as I have taken time to consider my options.
I am prepared for the loss dollars, should it happen.
Read my Daily and weekly views below
1. Well organised downtrend.
2. SP Setup
3. RE_bull in PSZ w/ qualifiers met.
4. Faking the RE_bull- Shorting it w/ the expectation that it fails to validate 1.06248
5. Today is 1st of the 3days as per the 3DVR(Three days validation rule)
-Daily trend is still down for me. Weekly trend is neither bullish nor bearish. It's equal probability for the bulls & bears, as indicated on my weekly chart earlier.
- How much did i lose here....? 1% of account.
Does it hurt, nope!
Other trades are doing great so far, I shall recover easily.