EURUSD Short 1.4:1 RR

Updated
We are getting a EURUSD setup now. Will see how it goes. Orders set.
Note
Price broke the swing. Will be resetting the order for the wider position size. Stay tuned.

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Reset order. 16.3 pips now.

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Pullback is coming.

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Didn't get trigerred in. Still waiting.

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Trade active
In. As always managing actively. Early Exits are always possible. SHARP.

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Note
Line in the sand for Early Exit is the 4M50 and a downward sloping trend-line.

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Good development in our favor.

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Note
Moved stop to 0.96646. Reduced risk to -0.25 from -1. 4 times. Great.

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Perfect 4M close. Keep holding. Risk reduced.

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Retracing a bit, but nothing major.

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Very good 15M close.
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Nasty retracement. Holding for now, will see.

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Lower High seems to be forming.

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Note
Moved stop to 0.96578. Locked +0.14. From -0.25 to +0.14. Not bad.


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Note
Plausible 15M close.
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Trade closed: stop reached
Stop hit at +0.12. All good. Great trade, good management.

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On to the next one.

Lightwork_
Note
Early Exits (with the stop in this case) is profitable once again.
'Made' an extra +0.40 by understanding where to move stop correctly.

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Multiple Time Frame Analysis

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