Certainty: good but not so safe
Risk - Reward: Great 1:6
My risk on this position is 0.6% it's not certain enough to risk 1% but it's certain enough to risk 0.6%.
We anticipated this position in a Potential Scenarios Analysis and in case we lose our 0.6% there is still a support at the 0.768 Level
where we can buy with safer Stop-Loss and higher Risk-Reward ratio. But I'm willing to risk a little here because i find it certain enough to do it.
Good Luck, Trade well
Risk - Reward: Great 1:6
My risk on this position is 0.6% it's not certain enough to risk 1% but it's certain enough to risk 0.6%.
We anticipated this position in a Potential Scenarios Analysis and in case we lose our 0.6% there is still a support at the 0.768 Level
where we can buy with safer Stop-Loss and higher Risk-Reward ratio. But I'm willing to risk a little here because i find it certain enough to do it.
Good Luck, Trade well
Trade closed manually
I closed the trade at Entry level, I doubt my analysis and there are many alternatives, why risk 0.6% when I can be Tight on the sidelines and wait for the money to come to me, with more certain set-up if we can get it. If not it's okay I'm willing to missout on this opportunity but I won't lose a singe cent.Note
This seems more certain and well worth taking it, without the fear of missing out
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.