Profit but didn’t follow the trading plan – GBPUSD forex trading

Today I didn’t quite follow the trading plan but I don’t feel bad. The price range was between 15355 and 15316. The price broke towards the upside, my price entry was 15360 and my 30 pip target would have been 15390. Although the market did top out around that level (if I include the spread then it may not have triggered anyway), I took profit a little earlier since there was no upwards momentum. I close with +16 profits and the market duly fell afterwards.

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Category: Forex trading, Spreadbetting, Trading