Friday 14 June 2013

13/06/2013 GBP/CHF Short (Loss)


Another FTB setup, this time on GBP/CHF off the H1 timeframe. Here's the entry chart (click to enlarge). Risk was 0.5% of account.




and here's the exit chart showing price going up and taking out my stop, pretty much straight away.



Analysis: The supply area from which price originally dropped wasn't the clearest and the move down wasn't the strongest either, maybe it wasn't the best trade to take, but I risked only 0.5% on it.  

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