Thursday, January 10, 2008

Nice breakout

15 pips in a few seconds. Exited by fear to lose the gains. A trailing stop would be much better. This is very fast done on BookTrader.

1 comment:

Sanjiv said...

I believe it’s always better to go with safe point than risk it by leaving it too late, I am a scalper so for me 10-15 pips is by far enough to bring great results and that’s why I am using OctaFX broker since they have got lovely small spread of 0.2 pips for all major pairs, so following that means I am able to get the results in my favor easily and even a losing trade is not dangerous due to low spread as I can close it very early without much damage!