This blog records my ongoing investment activities 'buying consistently in different companies regardless of market conditions at different times' and my index futures and forex trading activities
Monday, May 2, 2016
Successful: Short GBPUSD
Shorted GBPUSD but was not doing well so exit for a small profit. Luckily, as it went higher and would result in a loss.
Trading Plan:
1. Trade with the trend
2. Trade when there is a price action reversal with the trend continuation
3. Place SL on previous high/low candle (Limit my loss)
4. No TP. Let market decide when to exit (Let my profit run)
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