Saturday 19 January 2013

03/01/2013-USD/SEK short (loss)

Here's the first trade I took in 2013. Entered short on USD/SEK after price closed below 6ema for last 11 days. Risked 0.5% on the trade, and my target was 2:1 RR.


Here is the entry chart (click to enlarge)





and here is the exit chart. As you can see price went up to hit my stop and I made a loss on this trade.




in hindsight, I would take the trade again. Followed my plan, it just didn't work out this time.


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