Tuesday, October 8, 2013

8th October 2013: Trade #3

Net pips won = 4.5 pips - 0.55 pips = 3.95 pips won

When I saw the bearish candle, I felt that the resistance level at 132.000 would be respected for at least one more time. I went short halfway up the bearish candle, and took profit just above the 50% retracement of the most recent bull move. Reward was 1.5R.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.