Asia flow into London Open, 2 previous daily highs indicating there should be some strong resistance, giving stop some healthy room, likely a longer term position. Potentially looking to get another entry if price looking to move higher to fill more orders
Trading ditutup: stop tercapai
⋅
Out of this trade, selling not strong enough, looks like price breaking market structure, onto the next trade
Unlucky trade but less push on negative rates was probs the reason for so gbp positive
AlkalineFX
⋅
Unlucky mate 142 could be nice to sell from
Touqeer87
⋅
nice analysis
StewySongs
⋅
If what happened the last time a previous high was tested I would question whether your stop loss is the safest place it could be.
Owen1299
⋅
@StewySongs, i think the last wick picked up most of the orders above the previous high, stop is there just incase it moves to pick orders, based on price action I may give the stop slightly more room :)