The trade opened at 1.2035. It fell like a stone to 1.1867 in the next hour. At +50 pips I moved the stop to break-even. I have since saved 50 pips so my stop is now at 1.1985 and I'm looking for the pair to get to 1.1820. If the pair reaches 1.1885 sometime after this post (1800 EST) I will save an additional 50 pips and move the stop to 1.1935 then hope for the best. When the worst thing that can happen is that you win 100 pips, life is not too bad.
More in the morning I'm sure.
Happy Trading!
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A blog about trading ideas and issues I face while trying to find the time to trade well.
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