back for more pain yes...previous stop is cancelled and waiting to see where I'll place it, over 70 most likely as that was a bad place at 69.25...bad entry location as usual, but need to realize if i'm working this is just how it might be sometimes. I am sticking with the trade as mr market is really having a hard time staying above 1200...
i'm always faced with the decision in a trade like this, do I cut my loss now and realize it was a bad entry location and wait for a better one or stick with it because it might turn here? I feel its down so even if I cut out now I would still look to short. Any advice from the pros?
scratching this trade and flipping L this is heading higher short term wouldn't be surprised if we see 70 over next 1/2 hour. L 65.50 ST 57
yeah euro looks to be turning...not good for me...will close as well if we can't dip below 1200, won't go long though, just close out.
if the reasons I enter a trade are no longer valid because of changing conditions, I exit. and Re-evaluate.