Monday 18 February 2013

15/02/2013 EUR/NZD short (loss)



This was a short trade on EUR/NZD H4. Here is my entry chart which explains everything. Risk was 0.5%, aiming for 2:1 RR (click chart to enlarge).





and here is the exit chart showing price going up and hitting my stop loss. This one took me out almost as soon as I entered. Quick, but not painless.



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