One minute Chart Trade
Well Pipsters. I have been a bit slack this week posting trades so here is one for this morning. The chart I am showing you is the one minute chart on the GBP-USD. Noting the continues support at 1.6315 area I was looking for long positions. I had three cracks at getting long with very tight stops. Making two pips on the first trade, Break-even on the second and netting 10 pips on the third. This for me is a great example of having tight stops and protecting my account from down side risk.