CLOSED TRADE: GBPUSD: Sell@1.53200 SL Hit (-44 pips)

Stops were hit on this trade for a loss of -44 pips. This is the 2nd loss in a row for me on this pair. So maybe I am looking at this pair all wrong. I'll need to sit back and -reanalyze it with some fresh pair of eyes and will do that over the weekend. Every losing trade tells me something and if I read the messages correctly, each losing trade will bring me closer to a winning trade.

*NOTE: I've been getting many PM's lately asking me "why I am losing lately?" Such messages will be IGNORED because anyone who asks such a question does not understand the nature of TRADING. Such a question is not a question about TRADING and I do not need to and cannot answer such a question. I am NOT ONE BIT concerned about losing a few trades. It is all part of TRADING. Nobody trades without losing trades! What's important is what you LEARN from losing trades. For those people, please READ my DISCLAIMER below and also the standard FTC disclaimer about trading found on every broker's site!

*DISCLAIMER:
Please keep in mind that I am not giving any trading signals or trade calls here. Only providing my own trade thoughts for your benefit and insight as to my trading technique and style. Please don't ask if you should or should not take the trade or ask for stop loss and take profit levels. Any SL or TP given on my trades are my own I have used for my trade and are not recommendations for you to use. If you are not sure, then you do not have a trading plan for yourself in place. I suggest you make one before you continue to do any trading!

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