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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