Blog Patrol Counter

Wednesday, May 26, 2010

#16-19


16-got red to reverse, it was the same area i shorted from earlier +4
17- price pushed up to the 50 area, i looked for it to push a bit higher and get the best entry to short as i was getting red and yellow +3
18-again price pushed higher, seem to stall i shorted if it broke higher i would exit +4
18-same trade and damn I should have held this one because it went down 70 pips from here +3

1 comment:

  1. 18-same trade and damn I should have held this one because it went down 70 pips from here +3

    Yes James, and some times later I was stopped because I thought in a reverse, but usually when the price don't pull off with decision after a long movement but it remains compressed, it means the trend is very strong and will continue. This momentum is good just to grab few pips having a tight small stop loss. (like you usually do !)

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