Both SLs hit for a combined loss of -58 pips. I had moved the SLs up on both trades to stay in the game earlier in the day, and it worked for a while. Price then retraced up, and also spiked, causing both my SLs to be hit. I didn't set reverse orders, maybe should've done on the USDCAD trade due to the GDP news, but USDCHF looks like it's contining down.
First lesson of today, don't trade two pairs which contain the same currency. I should know that anyway, very amatuer mistake.
Second lesson, maybe avoid pairs which have major news announcements, unless you're already in profit and can set a positive stop loss.
B****cks
First lesson of today, don't trade two pairs which contain the same currency. I should know that anyway, very amatuer mistake.
Second lesson, maybe avoid pairs which have major news announcements, unless you're already in profit and can set a positive stop loss.
B****cks