Lessons:
1. Do not trade while doing accounting homework. You will miss many signals.
2. If you are placing buy orders above the high in anticipation of a breakout, do so several pips above the high, maybe even 10 pips above the high. You will still have 10's of pips to make above that level and it's safer.
3. If you have the time and you are up all hours of the night, watch and wait for an actual CLOSE above the high to confirm a breakout; then buy at market.
Last edited by professorx; 12-02-2006 at 08:33 PM.
Reason: spelling
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