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Old 02-21-2008, 09:14 AM
PIPology PIPology is offline
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Location: Zagreb
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Hello again,

Today I missed a opportunity @ 7.30 GMT when USD/CHF retraced a little after turning those EMAs. I expected this to happen, my indicators warned me there is a good chance to gain another 10 pips, but I wasn't on the chart on that moment so I lost it. And I never enter a trade if it's out of my strategy. I know if I do this mistake it will turn against me faster than I think. And I know what I am talking about because you can see from the picture that it turned up strongly over 40 pips.

If you ever let your position open hopping that the pair will get back on your favor YOU ARE WRONG ! The big guys know the psychology of traders and that the majority think this way and that's why it goes against to eat your stop losses or to get as much as they can from your balance

Now, about the trade, I should have enter at the close bar (@7.30 gmt) where I put the Aqua triangle and I would have got 10 pips in less than 10 minutes.

But, that's life, I'm looking for other opportunities and I know there are many so I don't mind I must be relaxed and entertained, otherwise I will bait not hunter

Good day everyone and I will get back if some signals are triggered.
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