Closed EU & GU longs for -11%

17.20 bst

The Monday blues again …

Closed EURUSD long at 1.2980, -10 pips. This pair needs to break 1.3000 decisively.

Closed GBPUSD long at 1.5290, -62 pips, -10.1%. Stop loss.

The old traders’ wisdom of staying away from markets after a big loss OR a big win seems more true the longer I trade. I might seriously consider following that advice in future.

It is some consolation that my system has also been stopped out of the long GU trade but it still remains long EU. The inability of EU to break 1.3000 is a very bearish sign.


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