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

Monday, May 10, 2010

10 May, Eur/Usd - Short Pullback

This trade lasted two minutes. Large movement prior and during hour stick closes. Longed at tip with stop/loss set. Mental take-profit at ten pips (x3 size). I closed the shot RIGHT AWAY when pips shows +10, because i have experiences of trading pullback, they dont give u the luxury of time to make you believe they will give further few pips to u. They show you their face for once and you never gt to see them anymore, so what you should do is to punch their face the moment it appears. Luckily greed didnt conquer mi for that one or two pips because price spike down right after i closed.


+10 pips.

Black.

4 comments:

FFXD said...

Nice work man.

Black said...

Thanks FFXD, luck played most part of it.

Syed Omar (Hilmy) said...

punch their face...lol

Black said...

That is what I wish to do, after all it has taken from me haha.

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