Yesterday was a little disappointing because I had a good trade to start with, then I took a marginal one that wiped out all the profits. Well, tonight I decided to learn from that and I just stuck to the first trade, no matter how tempting it was to take another trade.
Here is the chart:
Click above to enlarge
As you can see, I waited for the reversal candle pattern. Since the Stochastic was oversold, that was the trigger to go long after the reversal pattern. I took the money just before it reversed hard.
The final result was a +1.1% gain on the account.
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- June 28, 2010 GBPUSD London Trade
- June 28, 2010 – The London Trade Part 2
- May 18, 2010 GBPUSD Counter Trend Trade
- 1/7/09 GBPUSD Trade
- 02/16/2009 GBPUSD Trade
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