"Just Oil"
Jun 09, 2011 at 09:21
decided to trade on testing. not on my main. went long but then closed it for 7 pips loss when it failed to do what i expected and waited. here how I was watching further price action , drawing lines and shorting when time came. closed half trade at around 30 pips, then closed 1/4 again, stop to BE and the rest left to run if it will.
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Jun 11, 2011 at 10:45
What I need to work on now is to make sure that big swings go only one direction up.
I let short trade hit my stop this week while it became clear that mood is bullish and break out to downside is not happening. I had an opportunity to clkose trade at BE twice.
I will start cutting losses in this kind of trade at smaller pip count.
Had I avoided these initial mistakes I would have been probaly around 40% up now or more.
I let short trade hit my stop this week while it became clear that mood is bullish and break out to downside is not happening. I had an opportunity to clkose trade at BE twice.
I will start cutting losses in this kind of trade at smaller pip count.
Had I avoided these initial mistakes I would have been probaly around 40% up now or more.
