Tuesday, 15 March 2016

GBP/USD loss



Another loss for me in this month.

I failed to notice that the price formed a descending channel thus disregards the descending line which I thought was the start of a breakout.

My loss is -160.8 pips from a three day trading.

Now I am thinking to go with the downward trend since the price touches the upper line of the channel. Or just wait for a breakout from the channel then set a trade.

No comments:

Post a Comment