DislikedI did check the 1 hour reference. I know it was very dangerous. In fact, I reduced some rescue positions with small profits befor I went to sleep. And the averaged price increased from 9780 to 9810.
The next day, due to weaker than expected data, G/U did go down as low as 9803. But it was a stop loss spike, it did not go down any more. I reduced some positions, but again not enough. And then G/U went up almost 80 pips higher right after I closed some rescue positions.
By that time the book loss was still in control, ie. less than 10%.
The disaster is mistake No. 4, because I was trapped another 100 pips already, and I openned more positions to average down, but this time I lost alert and clear mind after long hours of my work. The 9960 was not resistence any more.
Regards.
David
P.S. The same case with E/U and G/U now. To long on E/U? It is right, I don't know, I am squared and still enjoying my R&R, thats market bias only, I only know how to follow market, I have no crystal ball.Markets are still in coils.since it is definately following the trend. But it could also be possible that maybe chasing the market and longed at the top, if we see the long tail of G/U and U/J.Ignored
Differing MO and mindset.
regards