i am not sure what my success ratio is, i know i win more than i lose and i have been profitable for a long time. the one thing i see wrong, in my opinion, with the eur/gbp trade is that you took that trade before the gbp news. i would have waited till after the news. in my experience, if something is trending, it will wait till sometime after the news to resume. it may move a little before but why risk it. the news could always be something unexpected.
DislikedHey Friends,
I wanted to share with you my trade on EURGBP on Friday. Fresh cross on 4H backed by EUR strength and GBP weakness.
Entry on 15 min chart (vertical red lines). First entry failed and i got stopped out, second worked fine and i'm still in this trade.
First entry at .87936 : stoped out at .87707 for - 23 pips
Second entry at 0.87838 : still in the trade for + 53 pips now
I scaled out half of my postion at +30 pips
some resistance ahead around .88350
Brenzaj : Are you getting often stopped out on these 15 min entries...Ignored