There was an opportunity to trade the AUD/USD pair last night. I entered the trade when the signals were all in place. The TP level was low because I found that the volume was relatively low, so a low TP was placed to limit the risk. SL was within 3% of my risk capital.
You can refer to the picture to understand why I entered into this trade.
The trade closed while I was still asleep and ended with a profit of 21 pips.
Cumulative P/L: 22 + 21 - 55 = -12 pips
August P/L: -43 + 21 -55 = -77 pips
I still have a EUR/USD short trade which is open. I look forward to closing it soon.
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