Trade idea, SELL DAX 40 now @ 16115

SL 100
TP 400

Cheers

 

I longed dax & omxs30 an hour ago.

 

You're selling but your TP is higher than your entry. WTF??

 

Good, hold it.

 

How so? TP is 400pts down, or -400.

Is this really where you got misled? You thought my TP was entry +400pts?

 

Amazing how they run their buy or sell
programs. NQ & Oil started buying exactly
at 3:40am on the dot

EDIT: My wife corrected me.
It was actually at 3:05am
when they both bounced
off a bottom.

 

The way you wrote it, it was like: SL 16100, TP 16400.
Usually in trading we are only referring to the most significant part.

 

Okay you read it that way. Yeah, i was referring to points. RR 1:4

 

Stopped & same trade again at stopped price with same SL (100) but bigger TP (500)

Now the RR is 1:5 but i have one loss too.