Trade Review: GBP/USD

It looks like we closed out the week with a loss gosh darn it! GDP came out with lower than expected numbers which caused a sell off in the US dollar. The pair rose, and at the end of the move triggered our long entry order. Unfortunately, that was the end of the move and the pair reversed and stopped us out. I personally did not take the trade due to the fact that the market was over 100 pips away from the long entry order right before the GDP numbers were released, but we will record it as a loss for record keeping purposes.

Lot 1: +30 pips

Lot 2: +50 pips

Total: +80 pips