So yesteday's short yielded 1% return.
I decided to take 40 pips off by partial closing 1% of my 2% risk and put SL at BE+1 which hit. Pretty good trade but not GREAT. Lol.
Now we are going higher so I'm glad that I am out.
I agree with Kongzz and dougl1965. My ideal short would be at 1.3480. In fact, I have a limit sell at that level. It is a longer term trade so I have a 50 pip SL and a 400 pip TP. I will gauge how it comes around to see if I would be able to decrease the SL to 30 pips or less.
I decided to take 40 pips off by partial closing 1% of my 2% risk and put SL at BE+1 which hit. Pretty good trade but not GREAT. Lol.
Now we are going higher so I'm glad that I am out.
I agree with Kongzz and dougl1965. My ideal short would be at 1.3480. In fact, I have a limit sell at that level. It is a longer term trade so I have a 50 pip SL and a 400 pip TP. I will gauge how it comes around to see if I would be able to decrease the SL to 30 pips or less.