Entered GBP/USD at 1.4763 after watching it break out on the upside but it reversed immediately thereafter. I had allowed 83 pips for SL but cut it early at 72 pips loss, should have closed it earlier. This trade wiped out 3.1% from my portfolio now at -14.4%. Greed had creeped in once again.
BOE left its interest rate unchanged at 0.5% and there were no spike after the announcement. US trade balance will be announced at GMT12:30 should have impact on the direction of the US Dollar. Watch out.
Cheers.
BOE left its interest rate unchanged at 0.5% and there were no spike after the announcement. US trade balance will be announced at GMT12:30 should have impact on the direction of the US Dollar. Watch out.
Cheers.
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