Price did retrace to the entry level.
Price action has been dreadful and on the retracement I removed the second order to buy at 1.5610
The position was opened at 1.5620 with a 40 pip stop loss, price broke back down through the averages and hit the stop loss for -0.5%
Price has since gone sideways.
August thin and choppy, except for the position that didn't get hit AUD / JPY (5% hit)
I finish the week -1.5%.
I will be looking to make a gain of 5% next week.
Have a good weekend.
Chart below:
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