Friday, November 2, 2007

Post-NFP : bad stoploss

Long at upper little red line BEFORE the local resistance was cleared (first mistake). The stop loss then was placed too close and not below moving average 21 and resistance line. Price hitted stop, -10p, moved just 1 pip lower and then reversed to move up 50 pips... C' est la vie or my poor execution.

2 comments:

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Bosun
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