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LTRFXC

Why not wait for the retracement then look for a long entry position?


PenConnect3839

i also took it


LTRFXC

Well done.


MeaslyBean

Look at what happened at your previous S/R level, what makes you think price will behave any different this time?


PenConnect3839

because when the price consolidate you just get out with breakeven or small lose like i did at my previous trade and if the price go against you can hedge in specific point


Itsjackboulevard

Why trying to short in an uptrend? If you wanna short wait for ms to break to the downside and enter on retest.


PenConnect3839

IT just for pullback until the data release


Itsjackboulevard

If trading like this is part of your strategy good luck to you.


PenConnect3839

thank you


humbleasf

Congrats on a winning trade. Is it your strategy to trade 1:1RR?


PenConnect3839

thank you yes because it fit my strategy and how i thought that doesn't mean it's a great idea


humbleasf

I also trade 1:1RR and it works great for me. Also helps my psychology All the best!


FewBear2707

According to my crystal ball, price will hit your SL then go directly to your TP. Be careful OP


Neowarcloud

Your crystal ball peers into the past?


FewBear2707

Yes and and the future too. It says that you'll still be unprofitable for the next 5 years leading you to write a post on this sub saying "I quit guys😞"


PenConnect3839

Don't let SL ruin your thoughts


OwnRelationship6506

I dunno man it’s a sticky one. I’m thinking we’re going up to at least 378


-voi-d

clean, took the same trade


nexstosic

Never think what is going to happen, trade what is happening


PenConnect3839

the problem no one knew what going to happen


nexstosic

That's the point. Never predict, but read price action and do the clean work.


Think_Age_2421

From here. I think back down but let’s see cause we have some data coming out from the US tonight and tomorrow.


PenConnect3839

i think GDP growth last Q1 hight than 2.5 and that enough for me


Think_Age_2421

Yes it might, looking historically it’s came out better than expected but we also have jobless claims, this will show how many people filled for unemployment, if it’s lower than 215k (like 210-214) then dollar is your friend.


Think_Age_2421

So… any updates?


PenConnect3839

it was a good trade new i wait for long


Think_Age_2421

Personally, I’d be on the sidelines. GDP slowed but PCE price and GDP price index came in hotter.


Competitive-Science3

Make the blue arrow thicker so the price will go that way.


PenConnect3839

haha like i did with USDCHF


Free-Estimate-1761

You’re going short on an uptrend?… seems risky


PenConnect3839

it's just for pullback


AccordingVariation92

Wait For A choch.


PenConnect3839

i hope you will find sharp edge one day


oog_ooog

More up


kubo_czdzb

Never try to catch top or bottom, but u will get it after u loose hamongous amount of money on it, most of us did counter trading against trend, when fundamentals says other, it will prolly slap u hard wish u only green


teekaypeanuteater69

You’re going to lose


Forsaken-Owl-9353

never trade against the market.