Noted the highs and lows, 7am candle diretion and 5M and 1H trend. Equity markets rebounded yesterday – but gold continued its decline.
Sold EURUSD at market as the market was trading at the low of the 7am hourly candle. Entered limit order for Cable.
Cable turned into a losing trade. The EURUSD should have also been stopped out. However I realised I had forgotten to enter a stop loss on the trade. Some kind of star trader I am! When I realised it (at 8.30am) I entered the stop that i should have used at the outset.