Wednesday, February 13, 2008

No gain, no loss

Gbp/usd didn't want to go lower. I didn't use that information to go long. Good thing is that I tried to go in the direction of the trend.

Bad trade, I didn't want to go out on small stop.

Stupid trade, impulse trade, impulse to go against the trend.

Best trade of the day in gbp/jpy, constellation of gbp/usd and usd/jpy gave me idea that it's some kind of blow off top. I got scared with no reason and made exit just before trade went my way.

No comments: