Magician Work (Re-Entry)

٨ نوفمبر ٢٠٢٣

So the previous trade, the entry was good, the direction was right, however my stop loss was too tight. I'm currently up for the week so the trades I am taking are surplus trades with minimal risk. I managed to take an L the last trade and lose less than 0.2% so is that really an L ?


This trade is add on to my original trade. It is quite riskier because now I have a stronger bias for shorts as I hope the trade goes into profit when it can just reverse, anything can actually happen. If I was still in my previous trade, I could've just taken some profit and would've been happy to allow the market to do its thing.

Anyways, I've allowed this trade to breath more so lets see what happens ...

٨ نوفمبر ٢٠٢٣

ملاحظة

I went to sleep and managed to put my stop loss in profit so the trade was risk free. I was in profit at a total of 36pips at one point which I would've taken but I was asleep. price managed to take me out of the trade so I'm just going to assess what my next steps should be