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)

Failed: Short GBPUSD

Was shorting GBPUSD again and it didnt turn out well and took my stop loss. Maybe this one wasnt in a clear down trend which resulted in a failure.

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)

Failed: Short GBPUSD

This one looks like a almost perfect setup to trade but it didnt turn out well as expected and hit my stop loss. GBPUSD was in a down trend then a strong down move followed by a sharp reversal was the perfect entry point but it continued moving upwards and hit the stop loss :( It was expected to continue its downwards trend :( oh well...

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)

Successful: Short GBPUSD

Took a short trade on GBPUSD and got a bumpy ride but in the end, it went down and close trade in the early morning. This could well be a lost trade if I didnt hold on longer and it didnt hit my stop loss. Anyway just glad that everything turns out well.

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)

Successful: Long GBPUSD

Took a quick trade on this one during US session,was expecting a trend continuation with this one and was right but close the trade early because its already 11pm and need to sleep :)

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)

Successful: Short GBPUSD

On Monday 22/02/16 morning, saw a gap down and GBPUSD is in a long term down trend so decided to short 1 mini lot. Was thinking about doubling it up by shorting 2 mini lot because the hideous gap down does look good like a high probability short trade.

I was also amazed that by reading chart actually gives us the technical advantage to be in the market first before the majority comes in after the news. It was later in the morning, that I saw the news reporting about panic over 'Brexit' causing GBPUSD to dive lower.

Anyway was kinda happy to see that this trade works out well.
Got my biggest win so far: S$412.87

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)