I said the market looked a bit choppy.
The chart below shows that the Cable trade would have been stopped out before crashing through everything and making its way down to DS1 (Daily Support Level 1)
I guess I could have had a bigger stop above the weekly pivot (yellow dashed line) at 1.5640 but then the risk reward is reduced so much the trade is not so attractive.
Which ever way I look at it, its tough for me right now as I am not making any money.
I will just have to stick to me guns and wait for the next set up to take place.
Have a good day
Regards
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