Good day traders!
I’ve been hit with a 50pips lost yesterday when I opened a sell position at 1.20800 and closed at 1.21300, which is my SL. The price never did go down but still in my trading zone (1.21200/1.20800).
I’ve been drawing some more lines today, especially the start of the selling rallies and the stop line. I recommend there will likely be a bullish scenario from 1.2100 till 1.22000. I will enter a short position from 1.22000 and try to maximize my profit by putting my TP at 1.2030. Well, if all turns well, I shall bag more than 160pips. hahahha!
So, what is your strategy? Are you ready to bull or stay on the sideline to sell on rallies. Whatever it is, please don’t forget to update your trading journal and manage your money properly.
See you!
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