The good news is it hit our D@AB/CD entry as well as our D@.786XA entry and the order was automatically activated as intended with targets and stops. The bad news is it kept going and going until it hit our stop.
It was a reaction to Fed Chair Powell's speech today. It effected many markets. Tomorrow is another possible market moving news day with the Non-Farm Payroll report at 8:30am ET. So this trade definitely had a significant Headline Risk aspect. Too bad, it was a very nice setup.
In summary,
Entry: 2@1.2021
Exit: 2@1.1991
1.2021-1.1991=30pips*$1.25=$37.5*2=-$75. Loss.
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