Wednesday 18 July 2012

Charts


EURUSD

Got stopped at BE on this trade. Came within 3 pips of my 1st TP which is kinda annoying but I guess thats the game.
Entry was based on the line holding. I sometimes will play the strike of a line quite aggressively but seeing as it was Monday I was playing quite cautious and waiting for confirmation from the 1 hour with a decent close. The bar I also entered on was a very large bar which gave me the confirmation and based on my plan my R:R was good but once I saw price get within 3 pips of my T1 and start turning I decided I would rather get stopped at break even than have a loss.

No comments:

Post a Comment