Last 2 UJ trades that I've posted have been losers. Breakeven or a couple pips in profit. I'm still sticking with my bearish bias. Stop is above previous highs and and USDOLLAR is on the decline.
Note
We've had a strong daily body closure, filling the previous days wick rejections. To be it's a bullish signal. I'm still sticking with my bearish bias as the USDOLLAR is very bearish. Once price reaches 1R highlighted on the chart, I will move to breakeven
Note
Now running at breakeven
Were this a larger account. I would've taken very small partials. maybe 10% off the position.
Eg. 100K account, 1% per risk, £1K risk on this trade. £100 off the position and secured, break even and remaining 90% running.
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