GBPCAD Trade Idea

May be forming an Inverted Head and Shoulders pattern. Looking for the quick short for +90 pips, and then the big long once price forms the right shoulder.

Trade attivo:

In profit.

Trade chiuso: stop raggiunto:

GBPCAD:

After going +50 pips into profit, SL hit at BE. I will consider a re-entry, or waiting until it finds support for the big long entry.

Commento:

You can't allow this kind of thing to frustrate you as a trader. It happens too much to get caught up on it. Markets will tap you out at BE and then go on to TP a lot!
Hahaaa!
What frustrates me is I was supposed to re-enter. I got distracted with a scalp and missed my opportunity.
Did you??

Ordine annullato:

The plan was to short it until the R shoulder was complete, then go for the long swing.
It chopped me off, then abruptly abandoned the inverted h/s. Started the trip up early.... without me.
Thought I had this one dead to rights. The markets notified me I am not their boss today. LOL!
Next!

Commento:

03:44