Thursday, January 31, 2013

10 pip trade #08 - win - 6-2 - win rate 75%


This was a GBPAUD trade. The GBP was looking like a good thing to buy and the AUD was the best thing to sell it against so I did ...  I thought instead of just looking for good strength lines I'd wait for a proper signal and see what happened. So the setup came on the strength lines, and then a signal appeared, so in I went.





Kind of immediately wished i hadn't because the spread was huge and took up half of the 10 pips I had to play with all on it's own !





and it fiddled ... and it faddled ....  then it fiddled some more ...  can hardly call this one a success for finding the momentum push !





But eventually things worked - actually on the 12:45 candle but I missed the screenshot so the latest one on here is the 12:55.





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