Made this trade with speculation that GBPUSD is short, however trade is going against me at the moment. I utilized my strategy of creating a range between my blue and red levels, and encapsulated within them speculated inside of the shorter timeframes. Although the trade is going against me, I am using risk management that is proper and comfortable for my trade style. I am considering switching back from my new style/experiment from intraday back to a more swing trading style and larger timeframe - as this style is causing me stress along with college.
Trade fechado: stop atingido:
was stop lossed out, in hindsight the trade was made more on a whim, than according to my trading plan.