Click above to enlarge
What was I doing here?
I bought two positions like I was supposed to but I ended up closing way too soon. Stochastics were setup and there was a great reversal bar pattern at the beginning of the London Session.
As you can see on the chart it is embarrassing how early I closed them. If I would have stuck to the profit target on the first position and let the second one run, I would have potentially have had about 150 total pips.
That would have been my best London Trade to date. Alas however, I ended up with jack crap.
I have come to realize that part of the problem may be the fact that
I have a habit of dropping down to the 1 minute chart and watching that. This probably makes me more nervous than anything and I will stop looking at that chart. The 5 minute should be good enough.
The end result was a paltry +1.4%. I’m going to get this right, it is frustrating to see these great trades setup and not taking advantage of them!
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