ENG - High reward for risk

May 23, 2020

After some nasty road bumps in February, looks like it has had capitulation and is ready for an uptrend swing. Tight stop below for reversals back below the break lines. Great risk to reward ratio here. Also looks great on other pairs.

May 25, 2020

Note

Ouch. Has broken back down below 2 of 3 key levels. Might give it a few more 4H candles to try to bounce back, but if it cant reclaim those levels, will need to stop out. Might be failed. This is a case of risk management. The reward is not as important if the risk is too high.

May 27, 2020

Trade closed: stop reached

sold

May 31, 2020

Note

Its still trying..

Jun 5, 2020

Note

here it goes again

Jun 18, 2020

Trade active

Time to get back into this one

Jul 7, 2020

Trade closed: stop reached

oops forgot to update. stopped out