Good Morning everyone
we are still holding the EU trade for a short position.
we are only in low profit at the moment, but we are going to continue to hold this position.
As you can see from the chart, some people like to move stop loss to break even, but that is not part of my strategy, as price can always come back to retest.
This is exactly what happened here, we were in profit by around 4% then came back for a slight little drawdown then fell into profit again.
It is very important to analyse correctly and always be made aware of your risk in £ and also %!
we are still holding the EU trade for a short position.
we are only in low profit at the moment, but we are going to continue to hold this position.
As you can see from the chart, some people like to move stop loss to break even, but that is not part of my strategy, as price can always come back to retest.
This is exactly what happened here, we were in profit by around 4% then came back for a slight little drawdown then fell into profit again.
It is very important to analyse correctly and always be made aware of your risk in £ and also %!