TRADE, USDCAD, 18.10.2016
TRADE SUMMARY: market moved into a grade B zone. I have entered on retrace. Market then slowly moved lower and overnight got me out.
Good:
- Spot on
Bad:
- Did not adjust risk per trade appropriately, should have been 0.5%
- This trade and GOLD, with following GOLD higher without me, led to a serious of stupid orders, that I have canceled afterwards but were initially damaging to my trading (TILT)
To Improve:
- Always grade the zone and remember to adjust risk size per the quality of the zone
Result:
-1R
SCREENS:
D1
H1
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