Today was a boring Market in most Majors so i looked in special Pairs too if i get something good and i found it on #NZDCHF
Here u can see my plan, the OB holds, the market didn’t give a new HH so i could start taking Entry with a RRR of 1:3 (mostly my basic RRR) It went instant in my direction, timing was good and movement too
After this strong move i decided to set the SL BE and relaxing.
And that was probably the Mistake today, i could saved 1:2 with half of the Position and the Rest BE cause look how it went
After all it went BE and took me out.
Positiv : Atfer BE it went into SL so i didn’t loose
Negatif: The lower High should changed my plan to taking 1:2 and set the rest of the position on BE. Next time more careful what the Market structure tell
And sorry for my bad English, my native Language is German
Have a great Weekend