Wednesday 6 March 2013

28/02/2013 GBP/CHF short (loss)



Short trade on GBP/CHF H4. Here is the entry chart (click to enlarge). Risk was 0.5%, aiming for 2:1 RR.




and here is the exit chart. As you can see, price went up, hit my stop and I made a loss.





I followed my plan and I don't think it was a bad trade to take. 



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