Nice day for the 4-to-7 trading system.. not so nice for me
The chart is show above.. the upper and lower lines are at 14937 and the lower line 14844. This looks like simple short for profits. It was.. however, for me, I didn't wait until 7am finished and my first trade was a long at 14927 which obviously ended in a loss! The loss was 50 pips and my gain on the short was 30 pips.. totalling -20 for the day!
