Tuesday, March 4, 2008

Too early exit

Usd/chf movement was trigger for eur/usd trade. Eur/usd was more reluctant to go than usd/chf that was nicely ticking down. I exit for R of +8 pips, evidently to soon. I was thinking than that maybe it's spike that will come back so I started shorting it. Second averaging short was 1/3 size. Probably I was just angry because I didn't stay and for that reasons shorts came.

Later I made one more small scalp.

+12 pips today



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