After my last trade, I decided to scale my trade size way back. This is my first trade at the lower lot size. Here is the 30 minute chart:
Click above to enlarge
All positions were entered on this trade. As you can see from the chart, the trade then proceeded to go against me. Again, I should have lightened the load since all 10 positions were triggered.
Having all these positions in play, I exited early. As you can see, price ended up hitting the target…again!
This was pretty frustrating because this has been happening a lot lately. I ended up losing -3.9% on this trade.
If you enjoyed this article, you might also like:
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- May 9, 2010 GBPCHF Accelerator Trade
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