Hey gbart, not sure i can as some of them are commercial members and on other sites so i'm not sure what the rules are etc. The names are as they are so if you use the search function it will take you straight to the relevant profiles.
This one was a loser. I'm sad to say i regretted it after taking it as i have not been trading for the last two days and i was not 'familiar' with the market and took it as a stand alone setup. I have in my rules to only trade cross pairs when there is clear correlation confluence and this was not the case here as even though UCHF was approaching resistance GU was looking very strong and should have been enough to put me off.
Anyway it was a dodgy TL, 61%, and pullback to heavy consolidation that made me take the trade. Perhaps i should have also considered the strength of equities which points to more risk appetite and a weakening of pairs like CHF and a stronger GBP. Plus there was the economic news from the UK which perhaps i will be able to read the effects of better in the future.
Also my stop was 30 pips away when it maybe should have been above the whole number which would have made this a break even trade... I was tempted go long when price retraced to the whole number as the level was looking very nice with GU looking bullish and UCHF back at support.
Frustrating month!. Been distracted by the snooker all week and other unrelated to trading stuff. Time to fully commit!
But for now i'm off to watch the snooker again. ( ;
