Took another trade today and rounded off the week with a loss. To be perfectly honest it was a terrible trade. I saw high volume on a down bar followed by a slight up move and then No Supply so I thought it looked like a good set up. In the grand scheme of things there was a lot of supply in the background as in the centre of the hourly chart and i was buying into a down trend that was already overbought.
Still profit for the week but down over all.
On to next week.
Cheers,
KFT
Trade 4 - USD/CHF (Swissy) - Buy @ 0.9646 - Closed @ 0.9602 = -44
Swissy 1hr
Swissy 20min
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