Original SL = 1.9 pips
Original TP = 8.1 pips
Reward / Risk = 4.26
Transaction costs = 0.7 pips
Final SL = 2.7 pips (due to slippage)
Net loss = -2.7 - 0.7 = -3.4 pips
This was a bad trade. I attempted to fade out a range. Being the European session, this was the wrong course of action. We should be looking for breakouts. My stop loss suffered 0.8 pips in slippage, so I ended up losing 3.4 pips in total.