EURNZD Shorting it: Believe in your Stops, Not Your Lots
EURNZD Shorting it....will update journal later.
target is 1.5406 and 1.5330.
Lightly watching this trade for any signs of reversing. It probably will be a slow grind down because of the daily swing.
These are one of those rare trades that I take and that I rarely see perfectly like this.
Note to self:
(1) believe in your stops, not in your lots.
(2) perfection is no guarantee in markets, but perfection keeps our organized. Always be prepared to lose; hence, your stop.
target is 1.5406 and 1.5330.
Lightly watching this trade for any signs of reversing. It probably will be a slow grind down because of the daily swing.
These are one of those rare trades that I take and that I rarely see perfectly like this.
Note to self:
(1) believe in your stops, not in your lots.
(2) perfection is no guarantee in markets, but perfection keeps our organized. Always be prepared to lose; hence, your stop.
Comment:
Journal has been updated here:
Trade closed: target reached
Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.