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2015.05.04 15:22 EURAUD 5min CALL

Panjang
FX:EURAUD   Euro / Dolar Australia
The price got supported by fibo 0.618, which was also very close to a previous suport level. The price stopped falling and tried to turn around. I entered after I confirmed the new trend at the beginning of 15:22. However, the candle of 15:22 ended as a doji. That was bad. Luckily, the price went up for few more candles before it started to dropped again just now.

I was in the money but this kind of trades are not good trades. They also show me that price is always changing. No matter how confirm you are at the moment you get in, price always surprises you. I think 5-minutes trades are really good for me right now because 5 minutes is what price needs to run a small trend like this.
Penafian

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