Hi Rick I'm definitely up for a skype session but I'm busy with work for the next couple of weeks, perhaps in a few weeks time? let me know if that works with you. Here's the run down on the shenanigans I had with my GBPCAD trades from last night. Instead of a SL I placed a buy stop hedge before I went to bed with a TP at a liquidity zone (near the predicted ADR high). As you can see the hedge buy stop got hit and then the TP got hit (40 odd pips) Really I shouldn't have given the hedge a TP but I thought that the price would eventually return to my open trades so I went for it anyway. I wake up with 10 % draw down thinking what do I do now? I knew that there was a liquidity zone further up (top rectangle) so maybe the price was heading there. Got back from work just in time to see the price spike to the upper liquidity zone. Opened a few trades on the retrace then closed the lot for 175 pips! I can guaranty you I wouldn't have done this if it was my own money.... Cheers Nikl
