Whipsaw trades for me today:
1st trade: possible end of retrace, continuing down. Got stopped out
2nd: break of previous high, went long, stopped out.
3rd time lucky, I guess. No follow-through on move down, go long. Out with +16 pips for all three trades.
Sometimes it comes easy, sometimes it doesn't.
BTW guys, all discussions regarding Ukraine aside, there's a website that issues live updates on the war in Ukraine --> http://liveuamap.com/
Be careful though, not all of the information is accurate.
1st trade: possible end of retrace, continuing down. Got stopped out
2nd: break of previous high, went long, stopped out.
3rd time lucky, I guess. No follow-through on move down, go long. Out with +16 pips for all three trades.
Sometimes it comes easy, sometimes it doesn't.
BTW guys, all discussions regarding Ukraine aside, there's a website that issues live updates on the war in Ukraine --> http://liveuamap.com/
Be careful though, not all of the information is accurate.
If you don't risk, you don't ever have to lose.