Archive for June 3rd, 2010

Grrr… GBPUSD loss today

Grrr... GBPUSD loss today

This is the third time this has happened in the last 3 days.. the first trade is a loss and the second trade is a winner resulting in a net deficit of -20 pips The first trade was a long as the market just peaks above the high line and then promptly falls both hitting the stop for the trade for -50 and then initiating the downside trade. The downside movement was quite large (almost 100 pips under the lower band) and I captured 30 of them.

June 3, 2010 No Comments Full Story