Lesson:
- don't trade into resistance / support zones, especially if they've been well-respected.
Thursday, February 2, 2012
2 February 2012
I attempted to trade a trend-reversing pinbar that appeared on the AUDUSD yesterday but was stopped out. I lost 53 pips from the trade. The AUDUSD is currently trending in an ascending triangle so I'm predicting a bullish breakout in the next few days.
Lesson:
- don't trade into resistance / support zones, especially if they've been well-respected.
Lesson:
- don't trade into resistance / support zones, especially if they've been well-respected.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.