EURUSD Short Turtle S1 Breakout trigger (10-Aug-18)

The Euro has broken down below it's 90 day low which has triggered a Turtle trading short. For full details on the methodology I follow in this trade see the IOTUSD Turtle Trade in the related ideas below. The only difference with this trade to the others (which are all crypto pairs) is that I am entering on a 90 day high/low and exiting on a 8 day high/low. I'm no longer linking all of my Turtle trades below but you can find them all by searching my trades for "Turtle". A summary of their performance is provided below.

As for this trade:
P1 & P2 triggered as shown on the chart. P3 set but not yet triggered. No other positions are being placed as I don't want to over-leverage given the other ACTIVE trades open (see list below)
Position Size: 1N per position
Stop Loss as shown (this is equal to 2N of P2). Note that SL will move down for all trades if P3 is initiated.
Exit: 8 day high as shown but this will not trigger since the SL is lower. If we stay in the trade that Exit may move below the SL in future.

This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"

If you want to know more about Turtle trading then follow me and my trades. If I get enough people interested I can update Tradingview more frequently with my levels so people can copy trade. Peace.

History of trades for this Turtle S1 strategy (see links below):
1) IOTUSD Long (Closed on 11-Jun-18), 2% Loss
2) XRPUSD Short (Closed on 03-July-18), 0.45% Loss
3) ETHUSD Short (Closed on 03-July-18) 1.15% Loss
4) IOTUSD Short (11-Jun-18) (Closed on 03-Jul-18) 1.38% Gain
5) BTCUSD Short (Closed on 03-Jul-18) 0.65% Gain
6) BTCUSD Long (Closed on 03-Aug-18) 0.61% Loss
7) ETHUSD Long (Closed on 31-July-18) 2% Loss
8) XRPUSD Long (17-July-18) 2.11% Loss
9) ETHUSD Short (01-Aug-18) ACTIVE
10) IOTUSD Short (03-Aug-18) ACTIVE
11) XRPUSD Short (06-Aug-18) ACTIVE
12) BTCUSD Short (08-Aug-18) ACTIVE
13) EURUSD Short (this trade 10-Aug-18) ACTIVE
Overall 7.81% Loss.

Note: Turtle strategy is expected to have a high number of losses on small percentages (-2%). It is designed to profit occasionally from long trends.

Комментарий:

P3 triggered at 11382.45. Position Size 1N.
New Stop Loss for all three positions is 11548.05.

Комментарий:

Additional and final P4 added (not shown on chart) at 1.13824. Position Size 1N.
New SL for all 4 positions is 1.1548. Not P3 added above was at 1.1423 (not 1.13824) as noted above.

All 4 positions are now in place. Only future changes will be either price hitting SL and closing trade OR Exit (8 day high) moving down below SL which will lower the exit level.

Комментарий:

Exit (8 day low) moved to 1.15369 which is below the previous Stop Loss, so this will now be activated.

New maximum loss for these positions is:
P1 -0.35%
P2 -0.90%
P3 -1.42%
P4 -1.88%

Сделка закрыта: достигнута стоп-лосс цена:

Stop Loss reached of 1.15369. Position losses as stated above. Total Position loss of -4.55%.

History of trades for this Turtle S1 strategy (see links below):
1) IOTUSD Long (Closed on 11-Jun-18), 2% Loss
2) XRPUSD Short (Closed on 03-July-18), 0.45% Loss
3) ETHUSD Short (Closed on 03-July-18) 1.15% Loss
4) IOTUSD Short (11-Jun-18) (Closed on 03-Jul-18) 1.38% Gain
5) BTCUSD Short (Closed on 03-Jul-18) 0.65% Gain
6) BTCUSD Long (Closed on 03-Aug-18) 0.61% Loss
7) ETHUSD Long (Closed on 31-July-18) 2% Loss
8) XRPUSD Long (17-July-18) 2.11% Loss
9) ETHUSD Short (01-Aug-18) ACTIVE
10) IOTUSD Short (03-Aug-18) ACTIVE
11) XRPUSD Short (06-Aug-18) ACTIVE
12) BTCUSD Short (08-Aug-18) ACTIVE
13) EURUSD Short (this trade 10-Aug-18) 4.55% Loss
Overall 10.98% Loss.

Note: Turtle strategy is expected to have a high number of losses on small percentages (-2%). It is designed to profit occasionally from long trends.