Thursday, October 14, 2010

+ 19 pips

Sometimes I'm too much of an chart junkie, reacting to every whim of price. That can be seen on my trades after 10:40. I don't put in consideration that it's strong support and that market is indecisive about where to go. So movements on 10sec chart doesn't have follow through. It's better to approach that kind of action and chart position with mini position trades. I mean enter and wait for 10 pips of a t/p or s/l. Going in&out just churn my account.

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