Price has retraced to the averages as expected.
However my orders were to conservative and the high of the pull back was at 1.0435. (10 pips from my first order)
As you will see from the chart below, the stochastic didn't get to the overbought region, so the pull back was weak. As you would imagine this is good as I am selling. It is not good when it happens at 2AM and I am unable to adjust my orders to get into the trade.
My orders has not been hit and I have removed them.
See chart below
I will update again when the next strategy trade has been identified.
Regards
No comments:
Post a Comment