Tuesday, July 5, 2011

Going down (obviously)

Free fall after Portugal downgrade, everybody was sure the euro was going down sharply, except me. This hesitation produced mediocre entries-exits. Average execution generates also bad luck : price reversed in my favor exactly after I was exited with a 10 pips loss (7th trade), the maximum loss I could accept.

1 comment:

Razer said...

The thing that I have learned so far in my short career about Forex is that there is nothing certain and everything can change in matter of seconds so unless we are 100% sure we should not go with the obvious. I am working with OctaFX broker as they have got really great expert analysis and news service which I can surely trust and that makes things very certain for me and so far in last 4 months I have hardly gone wrong following them.