I am currently long on the Cypher. I had to adjust my entry to make it fit my maximum risk. In other words, I moved my entry a few pips down in order to risk no more than 100 pips.
Just keeping you updated
Just keeping you updated
Trade active
Note
This has been a painful trade. I adjust my targets, so target 1 is at 136.45. I just want to move my stop to break even, but I can't yet. The market made a higher high higher close, so it would not surprise me to see a retracement before hitting target 1.We could just go straight down, but let's be optimistic!
Note
Stop loss moved to Break even because price came within 2 pips from target 1. Risk-free trade.Trade closed: stop reached
Stopped out for break even.
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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.