Dont go chasing the market – GBPUSD got burnt
The chart is a 5 minute chart of the GBPUSD. I had woken up later today than usual to see that the market had moved. The two horizontal lines show where the long and short entry should have been but as I was late and saw that the market had already moved 25 points away and that I was feeling that I missed out on the short.. I entered a short manually... whilst it did move 30 pips in my direction which would have usually been bagged.. for some reason, my brain wanted more (I had a target of 100
