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Tough Night

I did two trades in the pound tonight. I should have stopped at the first loss.

3:30 ET [Trade 1]- L(5) GBP/USD 636, Target 4 @ 675, Stop @ 614, TS 1 @ 30 pips. Looking for a continuation pattern on the upside, flag pattern.

5:04 ET – Stopped out.

Trade Totals: -17 pips X 5 = -85 pips

15.png
15 min

1.png
1 hour

Follow up: The flag range wasn’t big enough to really call it a flag. I shouldn’t be trading that pattern anyway because it is risky.




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