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DislikedUsd/Chf is looking bearish... Already drop's for +28 Pip's after it's breakdown...And more to be expected......
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DislikedUsd/Chf is looking bearish... Already drop's for +28 Pip's after it's breakdown...And more to be expected......
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Dislikedwell..aediaz1 that's why i put a sl around 50 pips all the time.. maybe u say that's too much but always we see an impulse then a correction.
today trade i got lucky and not so lucky..
i will attach some pictures of my trade (i keep a journal of all my trades and put notes and on friday i read them all and try to make a conclusion) than let say in the first time my sl was all most trigerred and when i am telling u was all most trigerred i mean just 2 pips and i shall be with u, on the today ossing side, and why it's that because i allways trade a plan.
my plan was that eur/usd it's in my oppinion bullish on all tf to enter on dips, and what other dip could be more lovely than a news deep. i presumed that news were good for the usd bang news acctualy realesed good. i got so emotionally that when i saw a spike around 30 pips then a went up about 20 pips i sad that's it. it will gone up, but after i pressed buy another sharp fall around 40 pips i was so upset...in my mind..not another 500 loss then i remebered that in a few minutes mr. ben bernake it's comming... and i waited , another point of staing in the trade was that i saw a good resistance trendline.
That was the lucky part...
Now the unlucky part, this is greedy, is that when i got out of the trade actually it went in a split second up about 50 pips.. but i exited at breakeven today after all. and now i think that was the smartest decision.
Sorry for ur loss, and 1% it's not such a big deal, but it's still a loss. now depend on ur account, if u have 10k 100k 1 mil 10 mil 1 bil ... and so on
happy trading to all
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DislikedHi Aediaz1,
Thank you for sharing your experience with setting your SL and why you did it. I could had written that. I have experienced that, and I have to fight the temptation to do it.Ignored
DislikedAs I said in my previous post that im waiting for G/J & G/U Breakdowns and both have successfully did breakdown... It was a quick +50 Pip's in G/U & Also more than +50 Pips in G/J But i didnt enter in G/J ...My 2-Day's stuff was G/U short trade...Ignored
DislikedHi
Aediaz!!!
It was a great trade on G/U as quick +50 Pips in just half an hour also in G/J more than +50 Pips...My eyes were on both breakdowns and i successfully manage to enter in G/U breakdown... Well i wasn't expecting so quick pips ....
now important Gbd data is about to come so im just observing the market......
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