staying with the GBP weakness theme.
took an agressive entry off a new method i am developing/testing
retrace to 50% fib
1st entry premature - didn't follow my rules
then got the entry i wanted - took part profit and set to BE for rest
this was late in the session and coming up to US close - Oanda widened their spread to 10 and i was stopped out by 1 pip.
it would have hie my target 120pips lower.
took anther short 1st thing in the am off 1hr pin and moved to BE due to being budget day - stopped out by 1 pip again and then it went 250pips.
two very good trades - just a bit unlucky really.
took an agressive entry off a new method i am developing/testing
retrace to 50% fib
1st entry premature - didn't follow my rules
then got the entry i wanted - took part profit and set to BE for rest
this was late in the session and coming up to US close - Oanda widened their spread to 10 and i was stopped out by 1 pip.
it would have hie my target 120pips lower.
took anther short 1st thing in the am off 1hr pin and moved to BE due to being budget day - stopped out by 1 pip again and then it went 250pips.
two very good trades - just a bit unlucky really.