Stop wasnt enough . also mid of news.
Archive for the Failed Category
gbpusd 1hr pin at resistance
Posted in 1-HR, Failed on June 26, 2008 by ramtrader
failed. price already crossed the ppz . for reversal, price should not have closed above.
u should have been looking for long breakouts instead
usdcad 1hr
Posted in 1-HR, Failed on June 25, 2008 by ramtrader
should take only if the wick of the candle touches the support and bounces back.
also SL should be at swing low.
eurusd pierce
Posted in 4-HR, Failed on June 24, 2008 by ramtrader
Got stopped out. not a proper selection of SL. should have set it to few pips above swing high. price did come down after that.
gbpusd pin at ppz
Posted in 4-HR, Failed, Uncategorized on June 24, 2008 by ramtrader
got stopped out. Looks like I traded right before the news came out. also my reason for trade was due to PPZ. but looks like it was not respected before. So not a valid PPZ.
