How hard is it to make money with Forex - very hard
Last night I had a Buy position on AUDUSD in profit by about 20 pips. It was my third trade in this pair where I enter, take 35 pips and exit. Then there was a swing 80 pips down hill that would of taken most stop losses out before running up hill for 150 pips.
Anyone trading H4 last night may have gone short, placed a stop loss and gone to bed. They would of had there stop loss taken.
The only reason I am in 55 pips profit is because I have my stop loss 220 pips south out of reach. I will normally trade my way out of a hole rather than fall into one. Crazy move last night.
