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.
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.
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