The long GU & EU orders hit my stop loss and I’m reversing at the same level. One of the system rules I have is to reverse when I exit or get stopped out. I’m following that rule with a small order size. The market has been terrible this week – I’ve lost all the profit I made last week! 😦
Closed GBPUSD long at 1.5208, -49 pips.
Now short $10/pip GBPUSD at 1.5208, SL 1.5260.
Closed EURUSD long at 1.2840, -49 pips. (hard stop triggered)
Now short $20/pip EURUSD @ 1.2822. SL 1.2890.