Trade 6 – USD/CHF

Entry

chf

Felt that the earlier Trade 3 had a stop loss that was a bit too close and an entry that was rushed. Market proceeded to take the trade out but still continued to respect the downward trend line. Could be a case similar to that of the 3rd swing as seen in the picture above. Price was within the 2575SMA TAZ on the 4H.

1% of capital risked. Potential 2.3R.

Entry: 0.99226 | Stop loss: 0.997 | Target Profit: 0.981

Psychology and emotions – Not sure of myself right now

Exit

CHFx (-).pngStopped out.

Entered the trend too late. On support on higher timeframe. Itchy fingers. Emotional trade. Bad. Loss 1% capital.

 

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