Trading loss first day trading the Cable after the Bank Holiday

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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Category: Forex trading, Make Me Some Money Ideas, Spreadbetting, Trading