End of trend

Trends are like old stories : they have a beginning, a middle and the end. You can't catch a story or a trend at the end. Here I got some lousy pips at the start of the move and then I missed the main part of it. Because of this, I insisted to continue long, while the steam was getting less strong. Result : two consecutive losses.

Three parts

Entering late in the trend and scaling out trades in three parts, in order to avoid a reversal. Besides that, some risk was taken on the 3.66 trade.