Been careless today with the trade setup. Entered into the trade too early and disregarded the MACD signal. Price to pay is 5% of portfolio. Time at GMT 8:00 had been the determining trend and too many times i have entered too early without respect to the signals.
Shorted GBP/USD at GMT6:17 but it swiftly reversed to hit SL of 66 pips and immediately after that longed the same pair, this trade is closed faster at 49 pips loss within 10 minutes. Total loss so far has been -10.3% excluding a live trade on going.
Longed AUD/USD at GMT8:34 with SL of 100 pips and PT of 142 pips and judging by the signals, the trade is not working very well. Will see how it react during the US session.
Shorted GBP/USD at GMT6:17 but it swiftly reversed to hit SL of 66 pips and immediately after that longed the same pair, this trade is closed faster at 49 pips loss within 10 minutes. Total loss so far has been -10.3% excluding a live trade on going.
Longed AUD/USD at GMT8:34 with SL of 100 pips and PT of 142 pips and judging by the signals, the trade is not working very well. Will see how it react during the US session.
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