Wednesday, January 30, 2013

Review of GBP/JPY

Was waiting for key resistance of 143.25 to break. Price broke above the range, and rallied. 
Stop loss was set based on M5. That was a mistake. 
It should have been set based on H1.
Took the long trade again after taking 2 hits. 
Wasn't a good trading day. 
To refine stop loss for future trades.   


No comments: