Posts Tagged gbpusd
Today was particulary annoying... I had only set up one trade to go for 60 pips with the stop loss move to entry when it moves 30 pips in the desired direction..... except that I didn't move the stop loss. I also did do my usual 30 pip trade!
Now, I must tell you that over the weekend, we had a system crash in my normal 9-to-5 job... this result in us working the whole weekend... I'd had very little sleep and in hindsight, when fatigued you need to be careful trading.. simple mistakes can
April 19, 2010
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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
April 16, 2010
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This was my trade today.. two long entries at 1.5433 with a target of 1.5463 and 1.5493 with a stop at 1.5397. The annoying thing is that this was hit and I ended up down 2 x 30 pips loss.
You can see that the market then went up and would have hit target 1 and just shy of target 2.
Most annoying but there you go....
April 14, 2010
Comments Off on Stopped out GBPUSD trade for double whammy! Full Story
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