We had some high volatility during the GBP GDP release in the early London section. Although the number turned out to be better than expected, but it failed to impress the market and give no sight on the outlook on the Brexit. So the price took a U-Turn and formed another leg down towards the 1.2000 level.
During the process, two positions I took got hit by my SLs and suffered a total 20% DD. The DD was larger than I expected and not too happy about how I execute the risk management there especially when I am trading the news section using all of my margins.
But the game is not over yet, tomorrow I will be participating in trading the USD GDP release.
Betting Long on the dollar if the number turns out to be good.
Music will be listening during the section.
https://www.youtube.com/watch?v=2uqyOK9TON8
--------------------------------------------
Trade Idea on TradingView @FXSayWhat (https://www.tradingview.com/u/FXSayWhat/)
Trade Tweet on Twitter @MidnightLambada (https://twitter.com/MidnightLambada/)
During the process, two positions I took got hit by my SLs and suffered a total 20% DD. The DD was larger than I expected and not too happy about how I execute the risk management there especially when I am trading the news section using all of my margins.
But the game is not over yet, tomorrow I will be participating in trading the USD GDP release.
Betting Long on the dollar if the number turns out to be good.
Music will be listening during the section.
https://www.youtube.com/watch?v=2uqyOK9TON8
--------------------------------------------
Trade Idea on TradingView @FXSayWhat (https://www.tradingview.com/u/FXSayWhat/)
Trade Tweet on Twitter @MidnightLambada (https://twitter.com/MidnightLambada/)
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.