USDCHF LOSS

USDCHF LOSS
16th March 2017 contacttf

I got back into the trade for a third time.

I used entry from support going back to 16.02.17. S1 was the body of the candle. S2 was the wick.

The candle formation ‘hammer’ on S1, so, I felt confident of a rise. If this did not hold up, I will no longer make any more trades.

I was stopped out again.

 

After trade analysis
There was a large spike up from S2. I did not trade on the forth occasion. I will make a mental note of this.
There was a lot of news today. Perhaps, this did not help.

 

 

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