Disliked2015 Week 6 - Trade Summary: 4 trades in total: - 0 win - 2 BE - 2 Loss A poor result for me on EA H1 this week. -50 pips (Excluding a freak incident on Tuesday - see below). Also slightly different since I am now working night shifts, so LO is now evening time for me, as opposed to mornings. Not a problem, just takes some getting use to. This shift pattern is likely to continue for some time and opens up the possibility for me to look at Sydney open which showed some big moves this week. Monday: Took an early entry at LO (TDI green heading for...Ignored
Hi Ballistical,
It was a tough week on H1 after the previous bullish week. Early week, buyers chase the price up and it exhausted its 100% of weekly range on Tuesday and after that the H4 TDI Red/Green were below the MBL. That would be sell only in H1.
But you managed your trade very tight with 25pips SL. I think it would be better to use a 2-lot entry and exit 1-lot at +25pips, and you have the option whether to move the 2nd-lot to BE or leave that at SL -25pips to allow room for the pair to breathe.
regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett