Week #1 Trade #2
This week I have been trying to short EJ. First time was yesterday but I ended up with just -.5 pips after the whole ordeal. So I didn't include in a trade because it really didn't go anywhere. However, this time around I lost 19 pips on two positions. First a short then a long. I lost really because there was lack in movement in any direction. And I was forcing my entry signal when I really didn't have a good signal.
The short was at 168.07 and closed for -15
The long was at 168.23 and closed for -4
So overall it could of been a lot worst and it could of been a lot better. It would of been best if I just not tried to force it. After all I already made my weekly goal of 70-100 pips.
So I won't force a trade and hopefully ill get a trade this week, but how things are looking, I am doubting that. However, it should prove for an interesting next week!
http://home.natefico.com/trade2w1.gif