Archive for June 7th, 2010

Trading the GBPUSD market – so close yet so far!

Trading the GBPUSD market - so close yet so far!

Today I was a bit unlucky with the markets. I usually take the high and low of the market movement between 4am and 7am but I had set the high at the previous high at around 6am which I thought would be the high of the day. Anyway, if you look at the chart you will see that my trade triggered at 7am for the long which then fell to hit the stop for -40. The short trade also went and it should have hit the target for 30 pips but including the spread and all that, I think I missed the exit by les

June 7, 2010 No Comments Full Story