13.04 GBPUSD Short [ALREADY CLOSED]
Hi guys, forgot to post this setup at the time of entry because it was frickin late.
It was a double top setup on GBPUSD on the 13.04. With 5 confluence factors for this trade it is categorized as a B Type setup.
Sadly I was closed out the next day for a full loss of 1.00%, nevertheless it was a good setup, losses are just part of the game of trading.
I see alot of people, especially on the frontpage, who would never admit to being "wrong" and instead of doing so just find new trendlines, formations or other confluence factors validating their trade idea.
There is no successfull trader without a loss, these people are nothing but fakes.
I trade on probability. I know that my system works, I dont cling to ideas and I let the market show its cards. I only have to execute my trading strategy as flawlessly as possible and I will (and am) in the green in the long run.
Best wishes and happy trading
It was a double top setup on GBPUSD on the 13.04. With 5 confluence factors for this trade it is categorized as a B Type setup.
Sadly I was closed out the next day for a full loss of 1.00%, nevertheless it was a good setup, losses are just part of the game of trading.
I see alot of people, especially on the frontpage, who would never admit to being "wrong" and instead of doing so just find new trendlines, formations or other confluence factors validating their trade idea.
There is no successfull trader without a loss, these people are nothing but fakes.
I trade on probability. I know that my system works, I dont cling to ideas and I let the market show its cards. I only have to execute my trading strategy as flawlessly as possible and I will (and am) in the green in the long run.
Best wishes and happy trading
Trade closed: stop reached:
Stop reached on the 16.04 for a full 1.00% loss