#GPBUSD - What went wrong in my trade?

7 ต.ค. 2020

Good Day Traders!

Many times, there is no time to publish my trade ideas on time because I am in a different language zone from TV active.

Despite that, I would like to post my trade results including my analysis for you.

It is for educational purposes. I do that after every trade to see what went wrong or not?

All trades, by the way, are real!

Strategy

Entry

• SR (Support becomes Resistance)
• Short-term upward trend broken

Exit

• Volatility-based
• Back to outbreak level
• Maximum risk of 1% of the capital

Comments

The setup was OK. Upward trend broken. Unfortunately, I set the stop loss too tight. Really a stupid mistake. Stopped out by 1 PIP.

Improvements

• Stop Management (reduce position size to increase stop loss size)