17 May 2023

16 May 2023: EURUSD

 EURUSD short trade on 16/5/23

Pre-Analysis


Entry

- Time of entry 8:00pm
- Risk 0.25%


Post Analysis

- Closed this trade with profit.
- However I exited just to recover the lost trade on previous trading day.
- Stop need to be tighten up, use confirmation indicator to place stop in this case use no demand bar and stop can be placed a bit high.


Update: -
- Missed a very good trade. Trade able to give max. 6R profit until 19/5/23. What a miss.