ForexTradingSchool

GBPUSD Another chance to short

Short
FX:GBPUSD   British Pound / U.S. Dollar
We are in again.

Sell 1.3001
TP: 1.2899
SL: 1.3050


Lost 20 pips on side bet, made 5 pips when trailing stop kicked in.

I think this is our final chance to enter this trade.

Market has been good to us.
Trade active:
Will shift stop loss when price hit 1.3290
Trade closed: stop reached:
god... 9 pips trailing stop kicked in again...

+9 pips on this trade.
Comment:
Comment: Total Trades: 10
Total Win: 4
Total Loss: 4
Total Open: 2
Total Profit: -96 Pips
Comment:
if we get our 3rd chance, im going to place the stop loss further away!
Comment:
We missed out on 146 pips move because of tight stop loss. is this the right way going forward? A tight stop lost with trailing stop?

Lets see what happens in future
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