I entered too early, before the resistance was cleared out, risked some pips, so I closed as soon as I had this small 5,5 gain. The real trend was just starting.
1 comment:
Overton
said...
Or I rather say right entry is the way to right exit, if we are unable to have the correct entry then we will always find it difficult to make profits. I am using OctaFX broker, it’s a really perfect company to have higher chance of making profits due to their low spread of 0.2 pips for all major pairs and just 15% stop out level for all accounts including Micro, it can be started only putting 5 dollars in it, so that’s something truly amazing.
"When i trade at home, I often watch the sparrows in my garden. When I feed them bread, they take just a little piece at a time and fly away.They keep on flying back and forth, taking small bits of bread. You will never be able to shoot a sparrow, it is just too fast. That is the way I day trade". M. Weinstein.
"Μηδείς αγεωμέτρητος εισίτω μοι την θύραν". Plato
"Toute lucidité est la conscience d'une perte". E. Cioran
There is nothing to sell on this blog. No signals, no "systems" for sale. Just my trading plan and the recording of my trades on eur/usd and the fx euro future recently. And the books, the music, the films I like.
The Forexbird is a professional currency trader. He is also photographer and engineer, a maths and music addict and curious about everything.
I got a few pips and then I left monitors to take care of my daughters. When I came back, price was 70 pips down...
Risk Disclosure
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The author is not liable for any loss or damage which may arise directly or indirectly from the content of this website.
1 comment:
Or I rather say right entry is the way to right exit, if we are unable to have the correct entry then we will always find it difficult to make profits. I am using OctaFX broker, it’s a really perfect company to have higher chance of making profits due to their low spread of 0.2 pips for all major pairs and just 15% stop out level for all accounts including Micro, it can be started only putting 5 dollars in it, so that’s something truly amazing.
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