16 December 2008

16-Dec p4.

So I could not resist, but this time I got burned. I saw the movement that started happening around 3:30 so I decided to enter into one trade. I got in late like around 4:15 and got stopped out

Sell USDCHF @ 1.1190, SL @ 1.1241, - 51 pips.

Lesson learned, once you say you are out for the day especially after a decent move, stay out and let the market fix itself. Reenter when things are more calm.

Pips for the day down to +172 for the day. Still not shabby, and glad I learned another lesson.

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