$RED lost its weekly VWAP and fell below the price with the highest volume. I opened a short.
Entry at 0.1341.
Initial stop at 0.1459 (8.8% above). No TP: I use a trailing stop that moves down with the low and closes if the price rebounds to it; 7 days is just the maximum.
The risk per trade is small, and I always respect my stop.
This is not financial advice. Do your own research and adjust your risk.
$RED #trading #futures
Entry at 0.1341.
Initial stop at 0.1459 (8.8% above). No TP: I use a trailing stop that moves down with the low and closes if the price rebounds to it; 7 days is just the maximum.
The risk per trade is small, and I always respect my stop.
This is not financial advice. Do your own research and adjust your risk.
$RED #trading #futures