Welcome traders to another daily post. First, a quick wrap up of yesterday's trade. It was looking fantastic. Bearish pressure was strong and I had moved into a 50 pip profit by the third hour of my trade ... GREAT! I trailed the stop loss to break even. In the next 15 mins, price proceeded to spike back up straight through my entry and then some ... 3 hours gone in 15 mins. It then proceeded to fall like a rock, all the way down to a low of 1.6187, 30 pips away from my soft target and what would have been a 120 pip profit. Live and learn I guess ... sh#%t happens. Not really looking to trade today, so will summarise the week in tomorrow's weekend update; see ya ; )
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