GBP/USD sell trade closed @ 1.5771 - pleased with what the market has offered - 55 pips is adequate for a day's job.Originally Posted by ;
Have a gr8 weekend y'all.
GBP/USD sell trade closed @ 1.5771 - pleased with what the market has offered - 55 pips is adequate for a day's job.
Have a gr8 weekend y'all.
What appears to me like a divergence is forming on the 15 min. chart.
I'm selling cable now.
GBP/USD market @ 1.5872, s/l @ 1.5894, t/p @ 1.5808
EUR/USD market @ 1.3924, s/l @ 1.3948, t/p @ 1.3816
Expecting these go nicely.
No, of course not! It did not go well.
That's what happens when you have a knee-jerk response.
I was fooled by what I thought was a divergence on MACD, but that I must have waited for a solid formation and a sell confirmation. Never mind the stops for my first buy trades were intact; therefore there I go, rash-decisions never cover. Next...
GBP/USD promote commerce - -22 pips loss
EUR/USD sell trade - -24 pips loss
As I mentioned earlier. . next...
Waiting to see whether there is a dip to buy or if a true market grows.
Alright, I have bought a dip on both the cable and euro...
EUR/USD buy @ 1.3993, s/l @ 1.3955, t/p @ 1.4060
GBP/USD buy @ 1.5912, s/l @ 1.5858, t/p @ 1.6065
Wish me luck.
I've transferred the s/l for your own EUR/USD buy to 1.3907 to give more room for your buy dip to form (looks like EUR would like a dual bottom), without me being removed.
Tracking trade though, so if anything changes, I can just close the trade, that is if need be.
The stop to your GBP/USD buy trade was moved to 1.5915.
May the force be with you.
Stop for EUR/USD buy trade moved to 1.3952
The stop to the GBP/USD buy trade has been transferred to 1.5944.
Joyful trading all.
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