GBPUSD Short the pull back

2018年7月13日

GBPUSD Short the pull back

1.3169-1.3190 is a broken structure
and we can also see an Inside Bar fromed there.

Wait for price come to this zone and take a short

and aim 1.3050 / 1.2850
SL above 1.3280

2018年7月13日

交易進行

Sold 1 position at 1.3170, sold another position at 1.3200

2018年7月16日

註釋

Getting closed to the SL, but not yet hit.
Still in the trade, and stick with the plan.

2018年7月16日

註釋

Dont' forget the 2% rule. always calculate the correct lot size.
In this case, from 1.3190 to 1.3280 , risk distance is 90 pips.
if your account is 10k usd, 2% is 200 USD.
therefore the correct lot size is: 200 / ( 90 * 10) = 0.22 lot.

by doing this, you will set a pre-determined risk which you are comfortable with.

2018年7月16日

交易結束：達到停損點

1.3280 hit, exit trade.
-90 pips

2018年7月16日

註釋

Don't open any trade now. just observe first.

2018年7月16日

註釋

see my new trading plan, now we have some patterns

2018年7月16日

註釋

2018年7月16日

註釋

All loss covered :)

2018年7月17日

註釋

2018年7月17日

註釋

instead of losing 2% for the first trade, now we have 4% gain for the 2nd one.
so together still have a net profit of 2% for the two trades