Don't get annoyed Pumba. We all learn from other people's approach and trades. I'm sure you had your reason to place that trade.PumbaPLS wrote: Sat Jun 11, 2022 6:48 am Clearly wasnt the low
Why is it big drawdown? I risked 1% of my account and it didnt reach the SL I have set for the trade.
It was a 1:1 Trade even with holding over the weekend, which again isnt really a problem for me. Maybe its for you.
Did my trade hurt you in anyway? Did I step on your toe by accident?
I don't trade FX but opened the chart out of curiosity i.e. thinking what would have I done.
It is obvious that the GBPUSD is constantly moving South. Thus I'd have a Framework like this on the 4H/D1 TF and my consideration of shorts would be at the 1.26 level.....moving to the 1M chart to place my entries with low risk. Placing a short down near an S/R level would be a no, no for me. Of course such level can be broken (as it did, but much later)....but that's hindsight at this stage. Just my 3 Cents.
