The “blind” trading continues, but instead of AU-UK session, I decided to try it on NY session also. Here’s the result:
Decided to do counter-trend trading for this pair and see if it would continue to bounce down after reaching the trendline I made–and it did! I waited for the bearish engulfing candle to appear first though as confirmation as well as the US ISM news to be on the safer side.
Buy Stop: 103.522
Actual Exit: 103.661
G/L: (14.1) pips
Things happened fast and wasn’t able to take a screenshot of these trades before getting stopped. This what happens whenever I’m clouded with my bias on fundamentals, and not seeing the chart and price movement as it is in the present time.