Looking to add in another short on moves higher then hold - would scaleout lower entry trades at levels below

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The long range view...From my side. Holding shorts - no further action required just yet

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Im mid school runs mate but will be adding in short very soon I expect

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In the interest of transparency (whilst price is going against my short play) Short entries stacked as follows: Above 1.25 / 1.2441 / 1.2445 / 1.2392 Stop loss is 1.27 Target 1 is 1.1910 - 1.1915 Goodnight and lets see what tomorrow brings

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Ain’t that the truth

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I’m seeing this as the stop run before the dumping takes hold. Have taken the opportunity to build back into the short book and am trading in line with my strategy so got no issues with where this resides right now. Feel no further need to add in ...

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Yep, alerted and added into short book at 1.2445

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Above that last high to the left and an alert will trigger for me to add in to shorts.. Added. Likely to be just past the hour after this H1 bullish engulfing closes

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I'm seeing this leg as the final stop run before the big fall..If I'm wrong - I'm wrong and I'll take it on the chin

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Thankfully there is nothing left of my ego - it was beaten into submission in my 3rd year of trading..once any ego I had was crushed into surrender - I started to trade better. So..back on topic. Europe bought it, London bought it and now the US ...

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I've been holding short entries above 1.25 for weeks now

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With you but my word its not obliged has it..Yet

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Lol - no need for that just yet..I'm short from above to remember so my average entry price is higher than the current market price = in profit

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Likewise but I've added at 1.2392 so not ready to increase risk unless I see it punch up another 35-40 pips higher

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Indeed - or my other option is to bury my head in the sand Above 1.2445 - I'll add in short again.

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Thank you - Its really down to 'money management' and position sizing more than anything..And if things go to far against a trade I can sit on my hands patiently waiting for the fake break to re-enter and flush out the book at breakeven or better on ...

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Yep, nice going and good trade there - Long with intraday morning break higher to a logical round number exit point..boom - sorted ..Of course the flip side is my short is a few pips underwater as I type this..still I will rejoice in your gains ...

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That is often my line of thought when I look at market structure - perhaps its a way of thinking every trader has if they have a good few thousand hours of trading experience behind them.

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..If it goes on through 1.25 I'm gonna throw my terminals out of the window, shout at the wife and smash some furniture up mate

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Well..buying to the round number makes plenty of sense too and right now its 'with trend' so its probably a good shout.

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