Result: Cut size to half when price doesn't look right. Remaining made a loss with 20pips. Apparently, its a wrong view, so got to take the loss. Oppss...
Thursday: Trade Review
Did my review for this trade. Ultimately, I was right about the direction, but it was a typical Gartley turned Butterfly. I don't think that there is a way to avoid this entirely, but if I had the time to follow this pair, I just need to get back in at point D and I would have made back the loss plus profit. That's why at times, it pays off to stick to a pair or two so that you can follow the price development
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