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ForexTradingSchool
Oct 21, 2019 12:40 PM

GBPUSD Another chance to short Short

British Pound/U.S. DollarFXCM

Description

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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