DislikedDear all,
Below was my long entry on GPBJPY 2 hours before London opening. Looked it was a good signal. The price went up about 90 pips and somehow, I managed to lock +10 pips profit.
As you know, the price dropped 200 pips after London market opened. I was not aware about the bad news at that time.
Was it a false signal? How could I avoid this type of situation in future? Appreciate any constructive feedback from all of you..
http://img467.imageshack.us/img467/7807/gjvj0.gifIgnored
Good trade and nothing wrong, not sure why you let +90 end up at +10 but I still do that once in a while, maybe 1 out of 50 trades. It happens at least you did not lose money. Getting out is still the hardest thing for me, I like to pull some out +50 and then do a stop at cost and watch it. On that setup I prob would of took some out at +50 then got stopped at cost on the rest.
Keep taking CT trades, I need more money