Hi,
So today for both the entries the stop loss as well as the take profit levels changed. As I had expected yesterday, the bullish trend had started forming. The trend got firm when the U.S. data released with a poor result. It lead to a big loss for the USD, which actually worked in my favor. The EUR/USD pair saw a big leap.
Since, both the entries crossed the 200 pips profit, so I moved the stop loss levels to the point where the entries got opened. Also, the take profit levels were further stretched to +300 pips, making the current take profit levels for each to 600 pips, thereby making the total take profit to 1200 pips as a combined profit.
Though in a worst case scenario, the loss would be nil (+ the broker commission).
Hoping to see a positive scenario on Monday when the market re-opens.
Happy Weekend!!
So today for both the entries the stop loss as well as the take profit levels changed. As I had expected yesterday, the bullish trend had started forming. The trend got firm when the U.S. data released with a poor result. It lead to a big loss for the USD, which actually worked in my favor. The EUR/USD pair saw a big leap.
Since, both the entries crossed the 200 pips profit, so I moved the stop loss levels to the point where the entries got opened. Also, the take profit levels were further stretched to +300 pips, making the current take profit levels for each to 600 pips, thereby making the total take profit to 1200 pips as a combined profit.
Though in a worst case scenario, the loss would be nil (+ the broker commission).
Hoping to see a positive scenario on Monday when the market re-opens.
Happy Weekend!!
