Originally Posted by
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I have only been trading for a few months and am trying to consume everything I can get my hands on. In my trading, it always seems that I'm on the wrong side of the swing. What I'm proposing, is that I will post the transactions that I've produced that led to a loss, and expect that I will get feedback on what I have done wrong or want to improve upon. I expect others may benefit and learn from my mistakes. Many thanks to anyone that provides feedback.
In the trade under, I bought GBP/USD on a bounce off of the lower trendline at 1.8626. Within a few hours, I was 40 pips at the cash. Therefore I moved my stop loss to 15 pips below the trendline, only to have taken out for a 1 pip loss. Now you can see that it's creating a modest climb again. Can I put my stop loss also near?
I tried to import the image into this message, but I don't think it worked, so I have attached it.