Friday, February 1, 2008

Sending probes with no luck

First in eur/usd I tried to pick a bottom for a bounce back up with no luck for -1 pip.

forex intraday trading
Later I started sending probes in gbp/usd for break through 930/40 level and it was all wrong. Range trading was on and I had nice exit for last trade when buying finally picked up again. Positive trade in gbp/chf cut my loss in half. All trades were with 1/3 of the size so total loss was -3 pips in regular size.

Maybe good decision would be not to exit those last trades when they finally started to go in profit direction. But I had enough bad emotional luggage to stay in.

forex intraday trading
forex intraday trading gbp/chf

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