Brief GU @ 1.4403 stop at 1.4418
not feeling to confident about this short but lets see what happens
*shut half at 15pips and proceeded stop to -7 to limit risk
*2nd half ceased at -7
Brief GU @ 1.4403 stop at 1.4418
not feeling to confident about this short but lets see what happens
*shut half at 15pips and proceeded stop to -7 to limit risk
*2nd half ceased at -7
Extended GU @ 1.4390 cease at 1.4370
Extended EJ @ 112.25 cease at 111.94
both transactions got stopped out GU to get a 20pip reduction and EJ for 35pip reduction
Still in favorable pips for the day and I need to figure out why these transactions didnt go my way, guess you can not win them all
* just had a look and obviously it didnt work because the tendency is down, Reduced Highs and Reduced lows now on EJ, GU very choppy really
Congratulations on starting your diary. I know starting mine was a good means of keeping myself humble and honest. My only regret? I did not know about Forex in your age. . .LOL
Keep it simple, keep it real, know it is a business like any other and treat it that way and you'll do fine.
Capitol preservation is EVERYTHING. I'm still a newbie and I've learned that the hard way as well. Newbies concentrate on how much they can create. Experts concentrate on how much they can loose.
Best wishes for a very long and profitable future!