Jumat, 11 September 2009
Too many trades...
Today's session. I close a trade prematurely and open a new in the same direction. Result : too much on commissions and increased risk. 39 pips on this.
Kamis, 10 September 2009
Going down
Mistake of the month
I entered long on this, while price was making a round top. Several signs were there to show that price was reversing : lower highs, moving averages sloping down, descending triangle formation, CCI, you name it. I refused to close. When the strong support was finally broken, I was looking at the chart helpless, petrified from my stupidity.. Price went to -30, then I was lucky to close the drama at -11, at the 50% correction of the move down...
When I started forex 4 years ago, I used to commit such a crime once a day. Now, it's once a month. That means evolution of the human kind...
When I started forex 4 years ago, I used to commit such a crime once a day. Now, it's once a month. That means evolution of the human kind...
Rabu, 09 September 2009
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