GBP/CHF: Long @ 1.7678 Stopped Out - Price is lower at new low level.

Well Well. See I'm not always right and I like every other trader does, make mistakes and mis-interpret the flow and direction. I was taken out of this long fairly quickly. I did manage to raise the stop above my buy line and thus that prevented losses. Even if I wasn't able to raise the stop I would have lossed 200 pips. Not a big deal in these current market conditions. The way this pair has been moving it is totally ok to lose some pips on a bad trade. Why? Do you know why? Do you totally disagree with me? I hope so. But since no one is here right now I've got the floor and I'm saying that it's ok. We'll find a good entry for another long right now it's below support and may fall a bit further. I'll be watching it