Better Than A Loss...

Nothing good to report except that I didn't take a loss. Nor did I have any profits. GBP/USD traded in a tight range during the very late Asian session to the mid-morning London session. I got caught in a couple of trades that looked like good setups and took two small losses. Fortunately, at the very end of the session I was able to find a nice little 40 pip runner that brought me back to break even. Whew!

Tonight should be much better.

Something I didn't touch on in the post on strategy from a couple of days ago are exits. Particularly where to exit and how much. I'm pulling some thoughts together as I realize this is a real weakness in my trading. They're discretionary(not a bad thing), but sometimes much too early and without reason. I'll address this in an upcoming post.

Comments

Popular posts from this blog

The Trading Strategy....

Sunday Starts Early...

Some Basic Information...