"Take Risks: If you win, you will be happy; if you lose, you will be wise. Nothing ventured, nothing gained."

Tuesday, February 23, 2010

23 Feb, Eur/Usd - Greeds Leads to Slaughter

Just set up my FXDD Malta MT4, with my old templates and connected Currensee.. after realising i was still receiving FXDD US statement this morning.

Was watching the good downtrend, and shorted after candle closes below 10 SMA line. i took a quick small ride downwards and closed. i thought it should be done for me short n sweet day. and i watched the price dipping further downwards, i thought i could ripped a bit more. i executed another position and regretted immediately. sold at bottom tip of the candle. what a fool!! and a greedy fool!!

cut my second position @ loss when price began to reverse.

-10 pips


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