Trade 6...stopped out
Well...
trade got stopped...BUT!! (like a true fisherman I will explain why..)
I admit...I did hope for a short term reversal as I fell into the psychological trap of :
" ..surely it can't drop any further.."
I should have :
1) Waited for a more definite setup (the price already dropped below the H1 OB)
2) Trusted my time frame continuity which was screaming " we are not ready for a long yet!! "
3) Dont place a trade...and go to bed...(i didnt check the trade's progress..)
So..lesson for today : Patience...not hope is what will get you there...
12 pips loss (or Usd120,- ) is fairly excusable ...
let's see....
we're still 38 pips up for the last three days
trade got stopped...BUT!! (like a true fisherman I will explain why..)
I admit...I did hope for a short term reversal as I fell into the psychological trap of :
" ..surely it can't drop any further.."
I should have :
1) Waited for a more definite setup (the price already dropped below the H1 OB)
2) Trusted my time frame continuity which was screaming " we are not ready for a long yet!! "
3) Dont place a trade...and go to bed...(i didnt check the trade's progress..)
So..lesson for today : Patience...not hope is what will get you there...
12 pips loss (or Usd120,- ) is fairly excusable ...
let's see....
we're still 38 pips up for the last three days
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.