Wednesday, November 5, 2008

11-4 EUR/USD TRADE


On this particular trade I lost. Losing is part of the game and my level didn't hold. I was looking at shorting the eur/usd at 2965 as it came straight up 500 pips. I thought my level was good and was based merely on SR which I guess I could have been a little more attentive to the fibs, but the market decided against me. I was stopped out for a loss...NEXT!