The week started shittily with a trade that had two distinctions. It came and reversed quickly, and reversed again for a several hundred point drop. It was a frustrating result.
The Prediction
The 3am Grid predicted that the GBP candle would travel another 53 pips with a 75% probability.
The Results
At 5:25am, the SELL was tripped. It quickly reversed, so by 5:35am I was stopped out of the trade. As it happened, the currency retraced all the way back to the BUY before reversing again and dropping 288 pips! Truly frustrating.
Bottom Line
This was the kind of trade that makes you pull your hair out. No lessons learned except to note that the markets jig and jag violently sometimes before reaching their goal for the day.
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