Wednesday 11 July 2012

Charts


NZDUSD

This is a follow up on the kiwi trade I took last week. I ended up closing out that position for +74 pips but took about a -27 pip loss when I added to the position so I banked 47 pips.
The 2nd position should never have been added but I think I was a little too eager to trade on Monday and that is what ended up in me sacrificing some of my profit.
I generally dont trade on Mondays or at least before NY but again that need to trade on Monday and seeing as I was already in profit so greed ended up in a reduced profit in the end.
Lesson: No more trading on Monday pre NY.

No comments:

Post a Comment