jueves, 4 de mayo de 2017

Short NZDUSD +20pips

I was watching the news event live at 6:45pm for NZD, thinking it'd want to trade higher to close 0.6980. I was hoping to catch a retracement to go long. Price never retraced and shot up to 0.6970 but began to stall. I figured it'd trade lower from here so I took a short at 0.6966 looking for 40 pips.

I did not like the price action so I cut bait at 0.6946 for 20 pips. I've been pretty desperate for a good win, so I should've moved my stop to break even or +5 or something and then let it run. 

I'm trading with the smallest size as my trading has been sloppy and I need to make back my returns.

I'm currently at 1.6%+ for the year, which is less than stellar. I closed April (first month) at 1.3% gain.

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