Clear short set up. Happy trading.
Operación cerrada: precio stop alcanzado:
This trade was stopped out over night. The BTC dip went deeper and that let XMR rise even without an increase of value on the USDT side.
In hindsight, I should have followed my own rules and added a first target & second target. Had I done so, I would have taken some profit around .0145 and moved my stop loss to break even. If I had this would have been a round a 2% W instead of a 5% L. But I didn't, shame on me.
In the long run these small losses get eaten up by the larger gains. This is why I only trade favorable Reward to Risk set ups.
In hindsight, I should have followed my own rules and added a first target & second target. Had I done so, I would have taken some profit around .0145 and moved my stop loss to break even. If I had this would have been a round a 2% W instead of a 5% L. But I didn't, shame on me.
In the long run these small losses get eaten up by the larger gains. This is why I only trade favorable Reward to Risk set ups.
Not to worry, we are still firmly in the down trend.