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.
I got hit again with this... the first trade initiate above the upper line at 14753 going only 15 points before falling away. The stop got hit and the short initiated. The short make some good movement however and I got my 30 pips. However, the first trade had a 50 pip stop so I'm overall -20 for the day
This was quite disappointing... the market dipped below the lower band to trigger my short but it didn't stay there long. It shot up, took out my stop at 50 pips away and trigger the long. The long got me my 30 pips but it flew 60 pips in total. -50 and +30 = -20 pips for the day...
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