Trade Update GBPUSD 4 January 2023

Unfortunately, the signal that I encountered from my previous post is a fake-ish bearish signal and the market continues to go bullish.

This was a roller coaster trade as 2 of the 3 trades almost hit the SL then the market plunge few hundred pips, I think it was 30 more pips until they hit my TP the market decided to reverse its direction upwards.

Results:

Total Loss: $30 (2%)

Fortunately I had a profitable trade from USDJPY at least I only lost USD 15 this week.

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