Thursday, November 10, 2011

Trading Statement for November 10, 2011


Net loss of 25 pips for today. My EU pending order was filled before Lndn open, and price went to retest the previous low hitting my stop before continuing its upside retracement. Unfortunately, I was sleeping and could not re-enter the trade, which could have given 70 - 80 pips. The GU was however filled after Lndn open and did get 25 pips to cut in half the 50 pips loss on the EU. I'm still learning - maybe a higher stop could have kept me in the trade but I don't want to use stop of more than 50 pips.

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