Wednesday, January 9, 2008
I love pre-London session
Nice pre-London. 7,5 and 5,5p won. A complete reverse happened after the London opening. I was happy to not enter a third time long.
Labels:
forex,
trade analysis
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Although it’s nice to win pips like that, but you must be careful that any strategy should be done with common sense, if we regularly repeat stuff then instead of profits we will end up in losses, so that is something we are required to be very careful about. I am very lucky that with outstanding company like OctaFX broker I can close trades quickly with decent amount of pips due to their low spread of 0.2 pips and no restriction on timing of closing trades!
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