EURAUD 15min Trend-Following Short, Big Potential Drop Awaiting

28 thg 8

EURAUD Short opportunity following the downtrend from higher timeframes.

Short Entry at the 15min Supply Zone at 1.64137.
Stop Loss at 1.64240
TP set at Daily Demand Zone at 1.62888
RRR: 11.2

28 thg 8

Ghi chú

Now, manually exit at breakeven if possible. I was expecting a direct push down from the 15min Supply Zone, but it didn't happen.

28 thg 8

Giao dịch được đóng thủ công

see above.

29 thg 8

Ghi chú

HAHA! How sad, I was out breakeven, but what I did was RIGHT. More important than winning money is that you should always be prepared for different situations and follow through your plan. My plan was that if the entry 15min Supply Zone did not create direct strong down push, then I'm out. Yes, I missed this pretty big profit, so be it, it is part of Trading. Our goal is to strictly execute our plan!
If you are still holding the trade, I suggest to exit a bit before the Daily Demand Zone, at 1.62888.

29 thg 8

Ghi chú

Hi guys, if you are holding this trade, please exit now. TP has been reached. Congratulations :)