Updating on 8/25
I must have deleted my calculations because I can’t find them. In my screenshot, I’m assuming my initial stop-loss, but I don’t actually know where it was set.
This has been pushing down all year, steadily, with a couple ranging months in there. Over the last couple of months, though, price seemed to return to the downside, formed another base for a few weeks, and had recently made a new low a couple days before I took this trade.
Entry – 1.14210
On this day, price was pushing down again after a 2-day rally, which to me signaled further weakness. I looked down at the 3/5min. Chart, and I saw a pretty clear bear-rally formed there as well. I set my entry order to trigger me in if price broke the lows.
Exit – 1.14153
Price pushed down enough to trigger me into the trade, and pushed low enough that my trailing stop pushed to around break-even. I know I did this at one point, but can’t remember exactly when, so I think it was this trade: I saw that my stop was hovering around B/E, and price was just basing between 4 and 10 pips of profit, so I lowered it a little to make sure that it was, in fact, in profit. It was able to move a little lower after that before stopping me out for a small, ~6 pip profit
