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Old 09-25-2008, 09:48 AM
Al Mo Al Mo is offline
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Join Date: Sep 2008
Posts: 43
Default ....day 2 - Euro

Ok...so here's the current scenario

I got stopped out yesterday w + 7 pips(marked as 14627/14620 respectively)...unfortunately I went back in immediately and never looked to see what was going on. Currently at -97 pips, max drawdown overnight was -140(yikes! ) (Marked as 1.4767 on the chart) , and yes, I am still holding .

I could have avoided this had I just looked - there was a flattening occurring with the Kijun-Sen line just above. Whenever you see this happening, you have a warning that prices are reversing. Regardless, I will continue w/this trade as Ichimoku Kinko Hyo is a long term trading method.

Let's see what today has to offer
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