I was Looking at entering a short below 1.0525 or Monday Open
Stop loss above recent high 1.0652 thats about 125 pips of risk
We should at least see re test of lowest low which is 1.0350 thats about 175 pips
well that would of been 1 : 1 ratio how ever because in my new year trading plan I am going to trade ONLY Min 1:2 ratio I will not take this trade
However I will be looking for better entry I will keep you posted.
***** The Above trade is perfectly Fine it just does't fit my specs. *****
Stop loss above recent high 1.0652 thats about 125 pips of risk
We should at least see re test of lowest low which is 1.0350 thats about 175 pips
well that would of been 1 : 1 ratio how ever because in my new year trading plan I am going to trade ONLY Min 1:2 ratio I will not take this trade
However I will be looking for better entry I will keep you posted.
***** The Above trade is perfectly Fine it just does't fit my specs. *****
