Live Trading Session 210: How to place your targets

In this live trading session video, we are analysing the basis for our 2 short trade positions on GBPUSD. We look at why we placed our target very near to entry on 1 position and much
further on the 2nd trade position.

Trade ativo:

No further trail.
Trailing stop remains at 1.2429

Trade fechado: stop atingido:

With the USD retail annoucement news released, we got stopped out at 1.2429.

Overall positions summary on GBPUSD:
1st position: £102
2nd position: -£138
Net P/L: -£36

Remember your edge and keep executing consistently according to your trading plan for your edge to be realized.