Good for 50 pips but only on the day .........

6 giu 2017

Okay so this is a good day trade I feel ,

1. Its turned over @ the 0.23 fib line
2. Its broken the trend line support
3. Oil is tanking again as we speak on the day
4. CAD - ivy PMI due out today, but I feel the main focus with this is on OIL
5. Safe haven flows are in place today, Notably the cross rate pushing this lower on the day..... USD/JPY

So short @ mkt 81.55

TP @ 81.00

Stop @ 81.90 trend line support

Happy trading people ...........

6 giu 2017

Nota

Moved stop to break even for now ......

Stay tuned

8 giu 2017

Trade chiuso: stop raggiunto

Okay so this is what I love about trading, I said this is good for 50 pips .

I was correct but I said only on the day, again I got greedy and could have taken off twice @ 81.10 for 40 pips ...... but didn't.
Only to see the next day it hit a high of 81.57 stopping me out @ BE (81.55 ) 2 pips ........ then dipping below 81.00 for 50 + pips .

This very rarely happens to me but when it does you have to take valuable lessons from this would I have done anything different ...
Yes taken 40 pips and not been greedy, the rest Im not bothered about ,

If anybody has any good valuable lesson stories feel free to share ........