DislikedNZDUSD Short Trade Opened: Entered shorts #1-2. Short #1 was entered yesterday. I was so busy posting on EU I forgot to post this entry. I have just added when price broke down thru local support. PVSRA shows yesterday and today high volume at highs and coming down off the highs - both times above the whole number - indicating the MMs are bears accumulating short orders. {image}Ignored
Closed trade for 1,494.9 pips gain. I added all the rest of the crappy EPs after the initial posting, which reminds me of the saying, "Do as I say, not as I do."
This is a week of folks closing crappy trades. This is one of mine. I have more to come. Illustrates the wisdom of Sonic's advice to not add to a trade while in the red. Yes, eventually it can help, if..........you can endure the pain. But, in the end, it is still not worth it. Anybody can get sucked in if they do not heed this advice. And the outcome will not always be so pleasant.