Sunday, November 25, 2007

BAD agreement trade 23Nov 1335hrs -25pips/-USD125 Balance now: USD5305


I rushed into this trade as I thought the 15min would lead the way uphill and 30min/1h was already above 20line. However, the 15min failed to pull them up. In fact the 30min was going downwards. Thus this was a failed trade.

But, actually I could stay and ride this trade as the 4h stoch is moving upwards and the 1h is horizontal. As seen, the price actually increased after that. I regretted going out to fast. And lost 25pips.

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