DislikedI took it pretty much right at the touch, as soon as it hit the 35 SMA on the hourly and drew back just a couple of pips (I got in at 1.5361) - I was looking at that, and the 10 EMA on the 4 hour chart that Binyamin noted - All things being equal, I probably would've waited for some confirmation, but I had a strong fundamental bias to the downside, so I jumped on it without waiting - I figured what the heck, I was only risking about 12 pips on it. It went down to 1.5311, but I didn't get out there, just shoved my stop down - I was stopped out at...Ignored
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- Jan 12, 2012 12:51pm Jan 12, 2012 12:51pm
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- Jan 12, 2012 4:51pm Jan 12, 2012 4:51pm
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Writer, currency trader, madman
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- Jan 12, 2012 4:54pm Jan 12, 2012 4:54pm
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Writer, currency trader, madman
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Writer, currency trader, madman
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- Jan 12, 2012 9:37pm Jan 12, 2012 9:37pm
Luck occurs when preparation meets with opportunity.
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- Jan 12, 2012 10:05pm Jan 12, 2012 10:05pm
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Writer, currency trader, madman
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Riding the order flow
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Writer, currency trader, madman
- Post #7,154
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- Edited 10:57am Jan 13, 2012 10:36am | Edited 10:57am
Luck occurs when preparation meets with opportunity.
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- Jan 13, 2012 10:40am Jan 13, 2012 10:40am
Luck occurs when preparation meets with opportunity.
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- Jan 14, 2012 10:45pm Jan 14, 2012 10:45pm
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