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Old 04-07-2008, 02:32 PM
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VulcanClassic VulcanClassic is online now
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Join Date: Dec 2007
Location: Cayman Islands
Posts: 337
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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
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Last edited by VulcanClassic; 04-07-2008 at 02:58 PM.