Hi Tymen,
Here is a trade I got faked out on.
I entered short at 1.9893 on the red candle of the scissor or engulfing ( not sure what it's called). I watched the next candle push down, then I went away and it came back up. I decided it was a bad entry and pulled the plug at 1.9896. Small loss of 3 pips.
But . . . while I was working it hit the BB again then drove on down. AARGGH!!
My whole morning went something like that with a couple of other pairs too. Seeing as how it wasn't outside of the BB I'm wondering if you might have taken that trade?
I guess it would have worked out if I placed my stop where you suggest, I forgot. I need to write down in point form the whole process.
Jeff
Last edited by VulcanClassic; 04-07-2008 at 02:58 PM.
|