
Entry comments: Price has been in a gradual uptrend since 01/10 with the exception of the move down on 15/10 and 16/10. After the move on 19/10 enticing yet more traders long in anticipation of the higher low buys, price most likely due for a reversal if highs can be held at 1.31314. Now entry was taken on 22, but its the 23rd now still holding the trade. With yet another 'higher low' seen, retail money is still holding buys. Pair could really move in NY for a unison move.
Exit comments: Risk: 100. Reward: 800. Duration: 1 1/2 days. TP at 1.309 at 8:20. I didn't stay in the trade as price didn't do as I expected today. It could still be a good hold into 24/10 to go down but that's not exactly in line with my trading plan. I've taken the meat of the move.
| Date | Price | |
|---|---|---|
| Entry | 10/22/2018 | 1.31158 |
| Exit | 10/23/2018 | 1.30904 |
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- Position Size2,000
- Percentage17%