Nah, its just one pip over my max loss limit of 17 pips in one day. The dollar figure is irrelavant to me as long as I've accepted the risk and its part of my money management plan. Of course if I'm hitting my max loss limit everyday the money will become very relevant! Haha. But yes, you are correct there is always next time.
In the moment I was expecting price to pop to 1.2125 before continuing a wedge or triangle pattern. I'd take that trade again. All the others after that one though were sub par.
Man, that's a huge loss. It must have hurt you pretty bad. But don't worry, there is always a next time.
ReplyDeleteNah, its just one pip over my max loss limit of 17 pips in one day. The dollar figure is irrelavant to me as long as I've accepted the risk and its part of my money management plan. Of course if I'm hitting my max loss limit everyday the money will become very relevant! Haha. But yes, you are correct there is always next time.
ReplyDeletewas wondering what makes you go long after 7:20, it broke your yellow trend line right?
ReplyDeleteIn the moment I was expecting price to pop to 1.2125 before continuing a wedge or triangle pattern. I'd take that trade again. All the others after that one though were sub par.
ReplyDelete