Position closed at 102.30 (10 pip loss), price is not behaving the way it is supposed to.
Post your live Forex trades here...
- Thread starter xelite777
- Start date
Position closed at 102.30 (10 pip loss), price is not behaving the way it is supposed to.
..with the RBNZ on tap tomorrow. Taking 0.5 % risk on a short NZD/USD, with another 0.5 % on a news spike. Let's roll
funny.. your stop is almost where my buy order is at-> 86.76
That's the magic of time frames, we could both have different opinions about the direction of the market and still make money!
That's the magic of time frames, we could both have different opinions about the direction of the market and still make money!
yes, indeed we could, and unfortunately we both could also lose money, which is the other side of the .. magic
yes, indeed we could, and unfortunately we both could also lose money, which is the other side of the .. magic
A successful trader does not lose money on any (and is not concerned about the outcome of any) particular trade, he is simply lending a few bucks to Mr. Market... at outrageous high rate of interest!
..with the RBNZ on tap tomorrow. Taking 0.5 % risk on a short NZD/USD, with another 0.5 % on a news spike. Let's roll
Uh-uh, it looks like it was not a good idea after all, NZD/USD is currently going up up up!