$100k Challenge - GBPUSD Short - Trade Update - E30 T1
Hey all!
Some more action today for the challenge! As we have one of what I like to call the big three news coming up (interest rates), I decided to tighten the SL a bit more to be more defensive about it.
As usual, here are the notes from the journal!
Even though the market seems to be retracing and conceding ground to the sellers, the overall structure remains bearish, for this reason, I decided to keep the trade running even though we have an upcoming interest rate announcement. For this, I moved the SL 1.5 ATR above the last high.
Some more action today for the challenge! As we have one of what I like to call the big three news coming up (interest rates), I decided to tighten the SL a bit more to be more defensive about it.
As usual, here are the notes from the journal!
Even though the market seems to be retracing and conceding ground to the sellers, the overall structure remains bearish, for this reason, I decided to keep the trade running even though we have an upcoming interest rate announcement. For this, I moved the SL 1.5 ATR above the last high.
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