DislikedMy 10th SonicR Trade (Live).
Executed Order.
GBP/USD - Short
Date: 25-Aug-10
Time: FxPro 08:00
Entry: 1.5412
SL: 1.5482 (-70 pips) (Above H)
TP: 1.5342 (+70 pips) (Just Below Yesterday's Low)
Current Price: Around 1.5412
Reasons:
H-L-LH Wave formation.
Sonic Dragon down.
Price retrace up Above Sonic Dragon.
Price went Down past Sonic Dragon.
Attached:
H4 chart for Support & Resistance
M15 Entry, SL, TP.
I will inform of exit result no matter it is profit or loss.
** Please comment on analysis.
Thanks,
FB.
Attachment
Attachment ...Ignored
Final Result.
The above order hit SL: 1.5482 (-70 pips).
Don't know what happen with this one GBP/USD-Short.
whether or not my initial wave analysis was ok initially or not ??