21/10/20
GBP/USD 08:00 - 08:15
Range: 29.0 Pips
08:16 | High broke and i decided to take the trade ignoring the fact/rule the range is well > 20 Pips. I went long.
Price moved a little up and i could have taken 3.9 Pips. I actually had the mouse button almost pressed. Then what happened was price went nowhere and started to move -2, +1 Pips back and forth against me. As soon as the M15 candle started to change color i decided to cut the loss short and closed the trade.
08:35 | I am now down for the day for -5,6 Pips + com. Will have a coffee, wait and see what will develop and maybe/maybe not taking a second or third trade.
GBP/USD 08:00 - 08:15
Range: 29.0 Pips
08:16 | High broke and i decided to take the trade ignoring the fact/rule the range is well > 20 Pips. I went long.
Price moved a little up and i could have taken 3.9 Pips. I actually had the mouse button almost pressed. Then what happened was price went nowhere and started to move -2, +1 Pips back and forth against me. As soon as the M15 candle started to change color i decided to cut the loss short and closed the trade.
08:35 | I am now down for the day for -5,6 Pips + com. Will have a coffee, wait and see what will develop and maybe/maybe not taking a second or third trade.
Wax On, Wax Off